Federal Surety Co. v. Des Moines Morris Plan Co.

A summary of the facts as recited in the petition and the various amendments thereto is substantially as follows: On September 29, 1924, the Pewick Construction Company entered into a contract with Marshall County to gravel certain roads. About the same time, the Federal Surety Company executed and delivered a bond to said county, guaranteeing the performance of the work and payment of just claims for labor, material, etc. On April 28, 1925, the Construction Company made a written assignment to the Des Moines Morris Plan Company of “all moneys or credits or both which may be due us for work…