People v. Standard Accident Insurance

Defendants are principal and surety on a bond given to the State of New York pursuant to chapter 478 of the Laws of 1934. The said bond, in the penal sum of $1,000, was conditioned upon the principal not suffering any violation under a permit issued to it for a liquor license. Special Term granted summary judgment against both defendants.

We are in accord that as regards the principal summary judgment should have been denied and that defendant’s motion for summary judgment on the ground that the action is barred by limitation of time should have been granted. The bond contained a provision…