Traylor Bros. v. Indiana Equipment Co.

CULLEN, Commissioner.

Traylor Bros., Inc., was a prime contractor for grade and drain work on the Kentucky Turnpike Project. Indemnity Insurance Company of North America was surety on Traylor’s performance bond, which bond was conditioned among other things for payment of “all claims for labor, materials and supplies furnished for use in connection with the construction and improvement of said road.” Traylor subcontracted part of the work to Paul A. Teegarden, Inc. The latter obtained some bulldozers and other heavy equipment from Indiana Equipment Company, Inc., under written contracts which…