American Casualty Co. of Reading v. Dakota Tractor & Equipment Co. of Fargo

RONALD N. DAVIES, District Judge,

This action was commenced by American Casualty Company of Reading, Pennsylvania, a Pennsylvania corporation, against Dakota Tractor and Equipment company of Fargo, North Dakota, a North Dakota corporation. Jurisdiction is based upon diversity of citizenship and the requisite amount in controversy. American Casualty here seeks to recover on two indemnity agreements executed by Dakota Tractor by which that corporation agreed to indemnify American Casualty against loss suffered as surety on two road construction contract bonds. The case was tried to the Court…