United Ben. Fire Ins. Co. v. FIRST NAT. BK. OF ARIZ.

DONOFRIO, Judge.

This is an appeal by one of the defendants below, United Benefit Fire Insurance Company, a Nebraska corporation, from a judgment against it in favor of appellee, First National Bank of Arizona, who was the plaintiff below, and from the order denying said defendant’s motion for new trial.

The action was instituted by the appellee bank against the Dealers Auto Auction, Inc. (hereafter also referred to as Dealers) and the appellant which was the surety on the bond. Dealers was in the automobile auction business and posted the bond with the Highway Department in compliance with…