Julius Winter, Jr. & Co. v. Forrest

Opinion of the Court- by

Judge Passing

Reversing.

Julius Winter, Jr. & Company, are merchant tailors in Louisville, Kentucky. For some years they operated a branch store .in Memphis, Tennessee, with Frank M. Simpson in charge. Prior to 1902, it appears that Simpson was short in his accounts, and his employers demanded of him a bond to indemnify them against any loss arising in the future from this source. He executed a bond for $1,500.00, with George L. Forrest and two others as sureties. In January, 1902, these sureties were called-upon by Winter & Co. to meet a shortage in the account of…