United States Fidelity & Guaranty Company, a Corporation v. Anderson Construction Co., Inc., a Corporation

JAMES ALGER FEE, Circuit Judge.

In this action brought by United States Fidelity & Guaranty Company, hereinafter referred to as “Guaranty,” against Anderson Construction Co., Inc., hereinafter referred to as “Anderson,” a jury found that an agent of Guaranty orally promised Anderson that the premium for surety bonds to be issued by Guaranty for Anderson in favor of the United States, as obligee, would be based upon reduced rates which the agent stated would soon go into effect and which actually did go into effect about a month after the execution of the bonds.

The questions raised are matters…