Board of Education of Linden v. Vail
New Jersey Court of Chancery
1Opinion of the Court
The board of education of the city of Linden contracted with L.M. Steele Company for the building of school No. 4, for the price of $85,430, and American Surety Company gave the statutory bond for due performance. The contractor quit and was adjudged insolvent and a receiver was appointed by the court after the architects' first estimate of work done, $2,431. The surety company was called upon to finish the job and undertook the task at a cost of $84,488. The board paid the estimate money into court under a decree that the surety company and the receiver interplead.
The surety company is…
2Cases cited4 opinions
- Bd. of Education of Elizabeth v. ZincNew Jersey Court of Chancery · 1927
- Mack Manufacturing Co. v. Citizens Construction Co.New Jersey Court of Chancery · 1915
- John W. Barwell. Inc. v. VailNew Jersey Court of Chancery · 1931
- Mack Manufacturing Co. v. Citizens Construction Co.Supreme Court of New Jersey · 1916
3Cited by3 opinions
- Central Surety & Insurance Corp. v. Martin Infante Co.District Court, D. New Jersey · 1958
- Guise v. John C. Guise, Inc.New Jersey Court of Chancery · 1932
- Van Varick v. Van Varick, Inc.New Jersey Court of Chancery · 1935