American Surety Co. v. Haskins

On the 31st day of January, 1920, the plaintiff, American Surety Company, a foreign corporation, executed a surety bond to the United States government in the sum of $15,000 for the protection of certain funds belonging to the federal government, which were deposited in the First National Bank of Old-ham. For the purpose of indemnifying the surety company against possible loss on the said surety bond, one Harlow E. Haskins with others executed an indemnity bond to the said surety company. On the 2d day of November, 1923, the said Haskins died. An administrator of his estate was appointed;…