National Union Indemnity Co. v. Standard Oil Co.

Opinion of the 'Court by

Judge Perry

Affirming.

The question here presented is as to the liability of the appellant bonding company to the appellee Standard Oil Company for its construction supplies furnished the contractors, insured by appellant under the terms of its bond, by which it guaranteed both their performance of the contract and payment of all lien-able bills for labor or materials furnished them in connection therewith.

Appellant claims that it was released from liability for the indebtedness upon the alleged ground that there was a concerted concealment by the appellee oil company…