Shreveport Laundries, Inc. v. Massachusetts Bonding & Ins.

This is a suit on an indemnity bond to recover $568.73, for an alleged shortage.in the account of one of plaintiff's employees, under the terms of which said bond the defendant warranted a faithful accounting by the said employee to plaintiff of all funds collected by him. In addition to the amount of the alleged shortage, plaintiff also sues to recover certain penalties and attorney’s fees, under the provisions of Act No. 37 of the Legislature of Louisiana for the year 1921 (Ex. Sess.), on the allegation that defendant failed to settle said obligation within the time required by the statute.

I…