Leal v. American Bonding Co. of Baltimore

PHILLIPS, Circuit Judge.

Leal made four written applications to the American Bonding Company of Baltimore,1 three for construction bonds and one for a release of lien bond. Thereafter, the bonds were executed by Leal, as principal, and the Bonding Company, as surety. The construction bonds were conditioned for the faithful performance by Leal of certain road construction contracts entered into by him with the State of Texas. The release of lien bond was conditioned as required by Art. 5472b—1, Vernon’s Tex.Civ.Stat. §§ 1 and 2. The provisions, in the applications for the construction bonds,…