Standard Accident Insurance Company v. Simpson

ADAMS, J.:

From judgment for appellee based on a jury verdict this appeal is taken.

The controlling question is whether the evidence is sufficient to sustain the verdict and judgment.

The record conclusively reveals that appellee entered into a construction contract and procured appellant to become surety for the faithful completion of the contract. Besides the payment of premium for the bond by appellee, he also agreed to reimburse appellant for any loss on the surety bond. Claims were made against the bond which culminated in a suit in the Federal Court. Among many other parties to the suit in…