Ins. Co. v. . Board of Education

On or about 9 December, 1919, the board of education of New Hanover County entered into a written contract with the Liberty Engineering and Construction Company, a corporation, for the construction of a building in the city of Wilmington, to be known as the High School Building. The contract price for said building was $312,322, subject to such additions and deductions as were provided for in the contract. On 23 January, 1920, defendant, T. F. Boyd, became surety on tbe bond of said Engineering and Construction Company, given in accordance with the provisions of the contract. Pursuant to said…