City of O'Fallon v. Bank of Belleville

This appeal is taken from a judgment entered on March 3, 1987, in the circuit court of St. Clair County against Fidelity & Deposit Company of Maryland, acting as a surety, assessing damages in the sum of $14,310 plus costs.

On October 26, 1983, the City of O’Fallon filed suit against the Bank of Belleville, Fidelity & Deposit Company of Maryland, and Terrence McKean. The recovery sought and obtained by the City of O’Fallon consisted of reimbursement for a portion of a subdivision development agreement not satisfied by defendants. The Bank of Belle-ville was named as the trustee of a parcel of…