Fidelity & Deposit Co. v. Arenz

WILBUR, Circuit Judge.

The Fidelity & Deposit Company of Maryland, engaged in "the business, among other things, of furnishing surety bonds to contractors, objected to the discharge in' bankruptcy of George C. Arenz, a contractor, for whom it had executed a surety bond for the sum of $71,306.25 on May 15> 1929, for the performance of a contract with the state of Oregon for the improvement of highways. This objection was based upon the ground that the bankrupt procured the execution of said surety bond by certain written false statements concerning his financial standing made by him to the…