County of Dickey v. Gesme

Statement.

Bronson, Ch. J.

This is an action to recover upon a depositary bond. Defendants have appealed from a judgment entered upon a verdict in plaintiff’s favor. The material facts are: — Defendants were stockholders in the Farmers and Merchants State Bank of Monango, North Dakota. On or about June 21st, 1921, such bank, as principal, and defendants, as sureties, signed a bond in the sum of $10,000 to secure the deposits of funds by plaintiff county in the bank. This bond was given pursuant to its terms, in accordance, with the provisions of chapter 56 of the Laws of 1921, exxacted on March…