Palmer v. Maney

BABCOCK, Commissioner.

This action was brought by the respondents on April 17, 1924, to recover from appellants the penalty in a certain bond for $25,000 given to the respondents by the appellants, Maney Brothers & Company, a copartnership, as principal, and the appellant, Fidelity & Deposit Company of Maryland, a corporation, as surety, guaranteeing the performance on the part of the appellant copartnership of certain provisions of a contract made between the respondents and the said copartnership on June 7, 1913.

The contract recites that the respondents agreed to sell and convey to Maney…