Electric Co. v. . Deposit Co.

Civil action to recover for materials furnished by plaintiff to a subcontractor and used in the construction of a public school building.

The purpose of the suit is to hold the Fidelity and Deposit Company of Maryland liable for the claim of the plaintiff by reason of a $60,000 bond executed to the Reidsville Graded School Committee to save it harmless, together with the materialmen and laborers, from loss due to any failure of the principal contractor to complete a public school building at Reidsville, N.C. and to pay for all labor done and materials furnished thereon, in accordance with the…