Bissell Lumber Co. v. Northwestern Casualty & Surety Co.

The main contention of the appellant Surety Company is that the contract of the plaintiff, whereby it sold and delivered materials to the contractor, was absolutely void by virtue of sec. 348.28, formerly sec. 4549, Stats., which reads in part as follows:

“Any officer, agent or clerk ... of any . . . school district . . . who shall have, reserve or acquire any pecuniary interest, directly or indirectly, present or prospective, absolute or conditional, in any way or manner, in any purchase or sale of any personal or real property or thing in action, *346or in any contract, proposal or bid in…