National Surety Corp. v. Pope Park, Inc.

McCALEB, Justice.

Plaintiff, assignee of the Town of Ken-ner, sued to recover from defendants, Pope Park, Inc., Quick Realty Company, Inc., Taylor Land Company, Inc. and Irwin Land Company, Inc., the sum of $4000, representing damages sustained by the Town as a result of the failure of Pope Park, Inc., to perform certain obligations undertaken by it in a bond which it executed as principal in favor of the Town. From a judgment in favor of defendants, Quick Realty Company, Taylor Land Co. and Irwin Land Co., plaintiff has appealed.

Taylor Land Company, Inc. was incorporated in November, 1948 and…