Stamets v. Plano Manufacturing Co.

The appellee sued appellants in the court below upon a bond executed to the appellee by appellant Stamets, as principal, and his coappellants as his sureties. The bond was executed on December 7, 1897, in the penalty of $2,000, and it recited that Stamets was engaged, or about to engage, in the service of appellee as collector of its securities, salesman of its goods, solicitor of agency contracts (creating local agencies for the sale of its goods), and also as adjuster and collector of its accounts from local agents, in which employment large sums of money and securities of appellee would…