Standard Accident Insurance v. Basolo

This case comes before this court on appeal from the district court of Pittsburg county by the surety company under a bond, executed to the state of Oklahoma, to cover the cost of construction of a highway project in that county by the State- Highway Commission. The contract for construction of the roadway was awarded by the commission to S. O. Maxey & Company, a corporation, and in compliance with the statute for such cases provided, it executed a bond for faithful performance with the Standard Accident Insurance Company, as surety, in an amount equal to the total cost of the project.

The…