State v. . Guarantee Co.

This is an action to recover on certain bonds executed by the Central Bank and Trust Company of Asheville, N.C. as principal, and by the defendants, severally, as sureties. By the terms of each of said bonds the principal and the surety named therein became bound unto Plato Ebbs, treasurer of the North Carolina Park Commission, an agency of the State of North Carolina, or his successors, in the penal sum of said bond. Each of the bonds sued on in this action was conditioned as follows:

"Whereas the above bound Central Bank and Trust Company was designated by the North Carolina Park Commission…