National Surety Co. v. Stallo
Appellate Division of the Supreme Court of the State of New York
Cross-appeals by the plaintiffs, National Surety Company and another, and the defendant, Edmund K. Stallo, from a judgment of the Supreme Court, entered in the office of the clerk of the county of New York on the 30th day July, 1915, upon the decision of the court after a trial before the court, a jury having been waived.
1Opinion of the Court
The following is the opinion of the court below:
Greenbaum, J.:
On or about the 24th day of June, 1910, plaintiffs became sureties upon two several bonds duly approved by one of the surrogates of New York county, each in the penal sum of $425,000 given by the defendant for the faithful performance of his duties as guardian of Laura McDonald Stallo and Helena McDonald Stallo, infants. The defendant agreed to pay to the plaintiffs a premium of $862.50 upon each bond, and “ the further sum of $575 annually thereafter in advance until the plaintiffs should be furnished with [competent] written…
2Cited by4 opinions
- Securities & Exchange Commission v. Credit Bancorp, Ltd.District Court, S.D. New York · 2001
- Massachusetts Bonding & Ins. v. Harrisburg Trust Co.District Court, M.D. Pennsylvania · 1938
- Hartford Accident & Indemnity Co. v. WhiteCourt of Appeals of Tennessee · 1937
- Lattarulo v. National Surety Co.City of New York Municipal Court · 1922