Bank of Hawaii & Royal Indemnity Co. v. Char

This is a hill for foreclosure of mortgages, for appointment of a receiver to complete construction of a public road, for subrogation affecting mortgagee and surety under an indemnity agreement between them and the payment of creditors’ claims against surety’s indemnity bond to the Territory conditioned on the faithful performance of a road construction contract, for adjustment of rights, duties and liabilities between mortgagee, surety, mortgagors, principals and contractors and for other relief incidental thereto. It is brought by the petitioners, Bank of Hawaii, as mortgagee, and Boyal…