Larson v. National Surety Co.

The St. John Grain Company of Worthington operated a line of six local public grain warehouses in this state. On August 31, 1923, the appellant National Surety Company issued its bond in the sum of $12,000, conditioned as required by G. S. 1923, § 5071, to remain in effect until August 31, 1924. Whereupon the Minnesota railroad and warehouse commission issued a license to such grain company covering the same period of time. On or about July 1, 1924, the warehouse commission requested the grain company to file an additional bond in the sum of $20,000. The grain company then made application to…