Ætna Casualty & Surety Co. v. Palmer

In this suit the plaintiff seeks to recover of the defendant on a contract of indemnity. It appears that on a date mentioned the defendant induced the plaintiff to sign and execute a certain bond fo.r another, and, in consideration of the execution of this bond, plaintiff required the defendant to sign a contract of indemnity guaranteeing it against any loss, damage, or expense resulting from the execution of the bond.

It further appears that said bond executed by plaintiff as surety thereon was given to guarantee that one Davidson would carry out the terms and provisions of a certain contract…