Love v. Allard

This appeal is from a judgment by default, rendered against the appellant Love and the sureties on his official bond, as receiver of the Farmers’ National Bank of Cooper, Tex. In January, 1921, Love was appointed receiver and executed a bond in the sum of $10,000, as required by law, with the appellant Fidelity & Deposit Company of Maryland as surety. Allard, the appellee, had been a depositor of the Farmers’ National Bank, and held a claim against it amounting to the sum of $911.40, which he presented to Love for payment. Love reject ed the claim, and a suit followed in which Allard…