Buckeye Cellulose Corp. v. Sutton Construction Co.

WESLEY E. BROWN, Senior District Judge:

This is an appeal of the district court’s order disposing of funds in an interpleader action. The district court awarded the funds to appellee Integon Indemnity Corporation (“Integon”). Two other claimants to the funds, George McGriff and Charles Sutton, argue that the court erred in awarding the funds to Integon. For the reasons set forth herein, we affirm.

I. Background.

In October of 1980, Integon issued surety bonds on behalf of Sutton Construction Company (“Sutton”) on four construction projects. In return, Sutton executed a General Indemnity…