Arizona Gunite Builders, Inc. v. Continental Casualty Co.

McFarland, justice.

The plaintiff-appellant, Arizona Gunite Builders,' Inc. (Gunite) owns, operates, and rents equipment used in the performance of construction contracts. During the period of August through November 1964 it leased a welding machine and furnished labor to the defendant, Coleman Construction Co. (Coleman), demanding payment therefor in the amounts of $660 rental and $237 for labor. When satisfaction could not be obtained from Coleman, Gunite made demand for payment upon the defendantappellee, Continental Casualty Company (Continental) which had issued a bond in connection with…