Olori Crane Service, Inc. v. Rockland County Sewer District No. 1

In connection with a construction project, the appellant the Aetna Casualty and Surety Company (hereinafter Aetna) executed a payment bond pursuant to which it bound itself to pay up to the sum of $4,782,000 to the Rockland County Sewer *501District No. 1 (the owner) unless its principal, J. N. Futia Co., Inc., and Capitol-York Construction Corp. (a joint venture), the general contractor, made prompt payment to all subcontractors for the material and labor to be furnished by them in connection with the project. The plaintiff and the codefendants-respondents are subcontractors who furnished labor…