Fidelity & Deposit Co. of Maryland v. Stool
Court of Appeals of Texas
1Opinion of the Court
McKAY, Justice.
On September 29, 1972, Dr. Newsom Stool entered into a standard AIA Construction Contract with Jess and Jack May-field d/b/a Mayfield Construction Company (hereinafter Mayfield) for the construction of a residence in San Antonio, Texas. The final contract price for the project was $120,335.00 with a time for completion of 200 days. Fidelity & Deposit Company of Maryland (hereafter F & D) issued payment and performance bonds on the project.
Dr. Stool financed the residence through the San Antonio Savings Association (hereinafter SASA) which agreed to lend Dr. Stool $90,000 toward…
2Cases cited31 opinions
- Universal C. I. T. Credit Corp. v. DanielTexas Supreme Court · 1951
- Stewart v. BaseyTexas Supreme Court · 1952
- Atkinson v. Jackson Bros.Texas Commission of Appeals · 1925
- Crutcher-Rolfs-Cummings, Inc. v. BallardCourt of Appeals of Texas · 1976
- Hutson v. ChamblessTexas Supreme Court · 1957
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- Methodist Hospitals of Dallas v. Corporate Communicators, Inc., Texas Court of Appeals, 5th District (Dallas)1991
- Bank One, Texas, N.A. v. TaylorCourt of Appeals for the Fifth Circuit · 1992
- Gulf Liquids New River Project, LLC v. Gulsby Engineering, Inc., Texas Court of Appeals, 1st District (Houston)2011
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