Times-Picayune Pub. Co. v. Frierson

Appellant is the publisher and general distributor of a daily newspaper. On or about April 15, 1929, appellant entered into a local distributor’s contract with one A. A. McQueen, of Picayune, Mississippi, under which contract said McQueen was to be appellant’s distributor in that locality for the said newspaper. On the back of the contract, when completed and delivered to appellant, there was a bond or guaranty, executed by appellees as the two sureties, by which the sureties obligated themselves to pay to the publisher any sum or sums within the amount of seven hundred fifty dollars which…