Morrison v. Union Indemnity Co.

The opinion of the Court was delivered by

Mr. Justice Cothran.

This is an action, commenced October 17, 1929, upon a contractor’s bond, dated June 4, 1928, signed by the defendant Powers, the contractor, as principal, and the defendant ¡Union Indemnity Company, as surety, for faithful performance by the contractor of a contract entered into between him and the plaintiffs, trustees of school district No. 1, McClellanville, S. C., providing for certain alterations of and additions to the schoolhouse, dated May' 22, 1928, at the contract price of $10,960.00, the bond being in the sum of $5,480.00,…