Legal Opinion
Standard Surety, C., Co. v. Caravel Industries
New Jersey Court of Chancery
Decided September 25, 1940PublishedCited by 8 opinions
1Opinion of the Court
Complainant, in 1937, gave to the United States government a bond in the penal sum of $19,216, conditioned to the performance of a contract of Barnard Manufacturing Company to furnish aluminum pots to the army. The performance bond was given by complainant, in reliance on an indemnity agreement executed by defendants Caravel Industries Corporation, Samuel D. Hoffman and Belle Hoffman. Suit is brought for specific performance of one of the covenants of the indemnity agreement. Except Mrs. Hoffman, who has not been served with process, the defendants have answered. Complainant moves to strike…
2Cases cited3 opinions
- Universal Adjustment Corp. v. Midland Bank, Ltd., of LondonMassachusetts Supreme Judicial Court · 1933
- Bosch Magneto Co. v. RushmoreNew Jersey Court of Chancery · 1915
- Sielcken v. SorensonNew Jersey Court of Chancery · 1932
3Cited by8 opinions
- Commercial Insurance Co. of Newark v. Pacific-Peru Construction Corp.Court of Appeals for the Ninth Circuit · 1977
- Litton Ind. Systems v. Kennedy Van Saun Corp.New Jersey Superior Court Appellate Division · 1971
- FIRST INDEM. INS. CO. v. KemenashNew Jersey Superior Court Appellate Division · 2000
- Marks v. Fireman's Fund Ins.District Court, S.D. New York · 1953
- Quigley Co., Inc. v. Asbestos Limited, Inc.New Jersey Court of Chancery · 1944
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