Ganley v. City of Pipestone

Taylor, C.

In July, 191G, plaintiffs, a copartnership doing business under the firm name of Ganley Construction Company, entered into a contract with the city of Pipestone to pave certain streets in that city for the sum of $55,264.42 and executed the statutory bond to secure the performance of their contract and the payment of all claims for labor and material furnished therefor with defendant casualty company as surety thereon. Shortly thereafter they made an arrangement with defendant bank by which they opened an account with the bank in the name of J. H. & J. S. Ganley, and agreed to…