Yeargain v. Board of Com'rs of Delaware County

This action was instituted in the district court of Delaware county by the board of county commissioners of said county against the plaintiffs in error to recover the sum of $5,000 on a depositary bond executed by the plaintiffs in error as sureties to protect and secure the deposits made by the county treasurer in the First State Bank of Jay, Okla. After the institution of the suit a portion of the amount lost in the bank by reason of its insolvency was recovered on another- bond, and it was conceded that the plaintiffs in error were entitled to have the amount deducted from their liability;…