Standard Accident Ins. Co. v. Knox

BLAIR, Justice.

This appeal involves the construction of the performance bonds furnished by Vincent Falbo & Sons, a partnership, in connection with its contracts to construct the “White,” the “Mexican,” and the “Negro” housing projects in Austin, to determine the liability of the surety on the bonds for premiums earned on workmen’s and public liability insurance policies, which the contracts obligated the contractor to carry and to pay the premiums due thereon. The construction work was done under the correlated Federal and State Housing laws. U.S.C.A., Vols. 40-42; Art. 1269k, Vernon’s…