STATE EX REL. DUCKETT v. Pettee
Court of Appeals of North Carolina
1Opinion of the CourtMorris, Chief Judge
The first question raised by this appeal is whether the court erred in granting summary judgment against Aetna in the sum of $42,000 which is seven times the $6,000 face amount of the bond. Aetna contends that the bond was one continuing bond, regardless of the fact that annual renewal premiums were paid, and that Aetna’s maximum liability over the entire term of the guardianship was $6,000. We are constrained to agree.
The bond which was executed by Pettee as guardian and the Aetna as surety was as follows:
KNOW ALL MEN BY THESE PRESENTS that we, Jack Pettee, Asheville, N. C., as Principal,…
2Cases cited20 opinions
- Kihlberg v. United StatesSupreme Court of the United States · 1878
- Hartford Accident & Indemnity Co. v. HoodSupreme Court of North Carolina · 1946
- McCain v. Hartford Live Stock InsuranceSupreme Court of North Carolina · 1925
- Columbia Hospital for Women and Lying-In Asylum v. United States Fidelity & Guaranty CoCourt of Appeals for the D.C. Circuit · 1951
- Brulatour v. Aetna Casualty & Surety Co.Court of Appeals for the Second Circuit · 1936
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3Cited by5 opinions
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- Fidelity and Deposit Company of Maryland v. Franklin W. James, Jr.West Virginia Supreme Court · 2014
- Hartford Fire Insurance Co. v. Micah A. Curtis & Angela L. Curtis and Hartford Fire Insurance Co. v. Jerry Lee Rhodes & Bonnie M. CochranWest Virginia Supreme Court · 2013