Southern Surety Co. v. Austin

Defendant in error sued the plaintiff in error on a surety bond for loss sustained by the First Guaranty State Bank of Era, Tex., through Richard Ready, in connection with the discharge of his duties as cashier.

Plaintiff in error pleaded that any liability against it was that of a surety for Ready as principal; that long prior to the filing of the suit, having been advised of the claim under the bond, it gave notice in writing to the defendant in error, under the provisions of articles 6244 and 6245, Rev. St. 1925, demanding that suit be brought on said claim; that defendant in error failed…