County of Kalamazoo v. Fidelity & Casualty Co.

George A. Squiers, county treasurer of plaintiff county, commenced serving Ms second term as such treasurer on January 1,1933. In May, 1934, he resigned after it had been discovered that he had embezzled funds of plaintiff.

Suit was brought by plaintiff against defendant surety company upon the statutory bond of the treasurer, upon which bond defendant was. surety. A different surety had executed the bond of Squiers for the preceding term. The total shortage in Squiers’ accounts was found, upon audit, to be in the sum of $16,268.27. Plaintiff claimed to be entitled to this amount plus interest.