Anderson v. United States Fidelity & Guaranty Co.

■ MABRY, Justice.

Appellants sought judgment for $1,847.-25 in the District Court against one Joseph Gagner, and appellee, as principal and surety, respectively, on a bond executed by them guaranteeing faithful performance by Gagner of his contract with the Board of Education of the City of Albuquerque, in which he agreed to build a certain public school building. Appellants alleged that they jointly extended credit to Gagner for the premiums on workmen’s compensation and public liability insurance, both of which were required under his contract with the Board of Education.

Appellee demurred,…