Fidelity Deposit Co. of Md. v. McComas' Etc.

Opinion op the Court by

Judge Ratlipp

Reversing.

On September 17,1927, the appellee, Owen O’Banion was appointed administrator with the will annexed of the estate of John McComas, deceased, and executed bond in the sum of $20,000 with the appellant, Fidelity and Deposit Company of Maryland, as his surety. At the time of the execution of the bond, E. L. Webb was local agent for the surety company and also county judge of Grant county, Kentucky. Appellee paid the initial annual premium of $70 and the bond provided for a further annual premium of $46.67 thereafter, payable in advance as long as…