Minnie L. Dismore, Administratrix of the Estate of Francis Elmo Dismore, Deceased v. Aetna Casualty and Surety Company, a Corporation

MAJOR, Circuit Judge.

Robert Meek Plumbing and Heating, Inc. (Meek, Inc.), an Indiana corporation, contracted with Purdue University to install plumbing and heating systems in a new building. Defendant, Aetna Casualty and Surety Company (Aetna) executed a surety bond with Purdue as the obligee and Meek, Inc. as the bonded contractor, conditioned upon a satisfactory performance of the contract. Meek, Inc., when its contract with Purdue was partially performed, became involved in financial difficulties, and an arrangement was made between Aetna and Meek, Inc. by which the former agreed to…