National Surety Co. v. Pixton

The plaintiff, in its complaint, after alleging all of the necessary matters of capacity and inducement, in substance alleges that in March, 1917, the State Treasurer of the state of Utah was about to deposit in the Moab State Bank, of Moab, Utah, large sums of the state’s funds; that before mak*290ing tbe deposit of said state funds tbe State Treasurer was by law required to take, and tbat be did take and receive, a bond in tbe sum of $20,000 as security from said bank for tbe repayment of said funds; tbat upon application of said bank the plaintiff, on March 6, 1917, duly made and delivered, as…