Favalora v. Bourgeois

This is a concursus proceeding. Michel Bourgeois contracted with Frank G. Favalora to build a dwelling on the latter’s property for the sum and price of $8,840, to be paid in eight installments, six of said installments of $1,000 each to be paid during the progress of the work, one of $1,-240 when the work was finished and accepted by the owner, and one of $1,600, 45 days thereafter. A contract and specifications covering the proposed work was executed and recorded and the New Amsterdam Casualty •Company bound itself as the contractor’s surety for the performance of the contract and the…