McLennan v. Holbrook

On January 1, 1920, defendant Holbrook was, and ever since has been, a real estate broker, duly licensed under the laws of the state of Oregon. Pursuant to section 8310, Oregon Laws 1920, defendant Holbrook delivered to the insurance commissioner a bond, executed by himself as principal, and the New Amsterdam Casualty Company (hereinafter known as the defendant company) as surety, in the sum of $1,000. The conditions of said bond (made a part of plaintiff’s complaint), pertinent to a correct determination of this case, are as follows:

THE CONDITIONS OF THE ABOVE OBLIGATION are such that,…