Union Indemnity Co. v. Rockwell

SHARP, Judge.

In September, 1928, W. W. Johnston entered into a contract with the Cisco independent school district for the construction of a ward school building in the city of Cisco and gave a bond, with the Union Indemnity Company, as surety, to secure the performance of the contract. The bond was given to meet the requirements of article 5160, R. C. S., as amended by Acts 1927, 1st Called Sess., c. 39, § 1. Johnston completed the building; it was accepted by the school district and final payment therefor made to him on March 8, 1929. The entire amount of such payment was applied by…