Luce v. Fidelity & Casualty Co. of New York

The plaintiff contends that the appellant, as surety on the guardian’s bond, is liable for all defaults of the guardian, regardless of when such defaults occurred. The appellant contends that, since the bond was furnished in connection with the proceedings for the sale of the ward’s real estate, liability under the bond is limited tO’ a proper accounting for the proceeds received from such sale. If the obligation of the bond in question is general and covers the entire period of the guardianship, the appellant would be concluded by the judgment entered in the county court. Clark v. Sloan *54(1934…