Employers' Casualty Co. v. Irene Independent School Dist.

On September 12, 1923, I. T. Brazell entered into a contract with Irene independent school district by the terms of which he contracted to erect a school building at Irene according to certain plans and specifications, for the total sum of $22,500, and, as required by the contract, Brazell executed a bond for $11,000 signed by the Employers’ Casualty Company, for the faithful performance >of the contract. About February 15, 1924, after Brazell had been paid by the Irene independent school' district the total amount due him under said contract, he abandoned the contract without same haying…