National Surety Co. v. Becklund

Taylor, C.

On April 1, 1921, tbe Farmers State Bank of Rock Creek as principal and the plaintiff as surety executed a bond to tbe county of Pine in tbe sum of $10,000 to secure tbe county for county funds theretofore or thereafter deposited in tbe bank. At tbe end of May when taxes on real estate were being paid, tbe county treasurer asked or suggested that tbe bank give an additional bond so that a larger amount could be deposited therein during this period than would be permissible under the existing bond. On June 13, 1921, the bank as principal and the defendants as sureties executed a bond…