Great American Indemnity Co. v. First Nat. Bank of Holdenville

PHILLIPS, Circuit Judge.

On January 16, 1931, D. D.- Mathis, as principal, and Great American Indemnity Company, as surety, executed a bond to the state of Oklahoma in the penal sum of $100,000,, conditioned that Mathis as executor of the estate of Lillian D. Walker, deceased, should faithfully execute the duties of his trust according to law.

On December 15, 1936, C. C. Stanford, administrator with the will annexed, of the Walker estate, who had succeeded Mathis, obtained a judgment against Mathis and the Indemnity Company on the bond on account of defaults by Mathis as executor for…