Fuqua Homes, Inc. v. Western Surety Co.

COYTE, Judge.

Defendant, Western Surety Company (Western), appeals the summary judgment entered in favor of plaintiff, Fuqua Homes, Inc., (Fuqua) and against Western in the sum of $15,000 plus interest. We affirm.

Fuqua’s claim against Western is based upon a surety bond which Western furnished to Leon E. Taylor and Selma A. Taylor, as motor vehicle dealers, pursuant to “Art. 11, Chapter 13, C.R.S. 1963, as amended.” This bond covered the period July 1, 1975, to June 30, 1976, and provided indemnity up to $15,000 to all persons:

“for any loss suffered by reason of fraud or fraudulent…