Aetna Casualty and Surety Co. v. Glidden Company

LONG, Justice.

On March 1, 1952, the Blousing Authority of the City of Borger, Texas, referred to herein as Housing Authority, as owner, entered into a contract with E. M. Lambert & Son, hereinafter referred to as Lambert, as contractor, for the construction of what, is designated as P. H. A. Housing Project No. TEX 36-1 to be located on its property at Borger, Texas. Aetna Casualty and Surety Company, referred to herein as, Aetna, was surety on a performance and payment bond given by Lambert for more- than one million dollars in connection with said contract. Lambert partially performed this…