Allied Fidelity Insurance Co. v. Green

BARFIELD, Judge.

In November, 1981, appellant Allied Fidelity Insurance Company acted as surety on a $125,000 appearance bond for Dana Green. The bond was entered in Virginia on behalf of Ms. Green who was being held on drug-related charges. Appellees Robert and Anita Green, Dana Green’s parents, executed a note and mortgage to appellant to serve as collateral for the bond. The note was in the amount of $125,000 and was payable upon demand in the event of forfeiture of the bail bond. Dana Green failed to make a 1981 court appearance in Virginia and the bond was forfeited. Appellant Allied…