State Bank of Mora v. Billstrom

Holt, Justice.

Plaintiff sued G. G. Billstrom and American Surety Company, the surety on Billstrom’s official bond as county auditor of Kanabec county, for the loss sustained from the purchase of two county warrants wrongfully issued and negotiated by Billstrom. Billstrom did not answer. Verdict was for plaintiff. The defendant surety’s motion for judgment notwithstanding the verdict was denied. The appeal is from the judgment.

G. G. Billstrom had been county auditor of Kanabec county since 1927 and at the election in the fall of 1934 was-reelected for the term commencing January, 1935. He duly…