Northwestern Jobbers Credit Bureau v. National Surety Corp.

NORDBYE, District Judge.

Plaintiff seeks to recover from the defendant the sum of $4,525, which sum it is contended defendant is obligated to pay by reason of its obligation on a surety bond executed by it. The controlling facts may be set forth as follows: The plaintiff, for some years prior to November 5, 1937, was engaged in the management, operation and liquidation of businesses involved in financial difficulties. One C. D. Maclaren, Jr., hereinafter referred to as Maclaren, was the secretary, treasurer and manager of plaintiff, and usually was designated as trustee, assignee, or manager…