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HARTFORD ACCIDENT & INDEMNITY CO. v. FEDERAL BOND & M. CO.

No. 9358.

59 F.2d 950 (1932)

HARTFORD ACCIDENT & INDEMNITY CO. v. FEDERAL BOND & MORTGAGE CO., Inc., et al.

Circuit Court of Appeals, Eighth Circuit.

May 13, 1932.

Attorney(s) appearing for the Case

Hubert M. Harvey, of St. Paul Minn. (Roy J. Mordaunt, of St. Paul, Minn., on the brief), for appellant.

Loring M. Staples, of Minneapolis, Minn. (John C. Benson and Cobb, Hoke, Benson, Krause & Faegre, all of Minneapolis, Minn., on the brief), for appellees.

Before VAN VALKENBURGH and GARDNER, Circuit Judges, and DAVIS, District Judge.

VAN VALKENBURGH, Circuit Judge.

This is a suit on a surety bond given by appellant to appellees as trustees in a certain trust deed or mortgage. One Nathan Tatkin and wife were the owners of a building site in St. Paul, Minn., upon which they were about to erect a thirteen-story office building. Appellee Federal Bond & Mortgage Company undertook to finance the construction of this building, and to this end floated a $400,000 bond issue, secured by the deed of...

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