King v. Ramsey

The Swan & Holtsinger Co., one of the owners of the land, entered into a contract with J. M. Knight for the construction of a building on a designated lot. King and Hobbs became the sureties on the contractor’s bond. T. W. Ramsey furnished materials which Knight put into the building, and did not pay for. The contractor, Knight, did not finish the building, and nearly one thousand dollars of the contract price had not been paid. Knight was adjudged bankrupt. The building was completed by the sureties on the contractor’s bond at a cost exceeding one thousand dollars. Ramsey served notice of…