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INTERNATIONAL FIDELITY INS. CO. v. GOLTRA CORP.

149 N.J. Super. 574 (1977)

374 A.2d 481

INTERNATIONAL FIDELITY INSURANCE CO., A NEW JERSEY CORPORATION, PLAINTIFF-APPELLANT, v. THE GOLTRA CORPORATION ET AL., DEFENDANTS-RESPONDENTS.

Superior Court of New Jersey, Appellate Division.

Decided May 10, 1977.

Attorney(s) appearing for the Case

Messrs. Sills, Beck, Cummis, Radin & Tischman, attorneys for appellant (Mr. Thomas J. Demski, of counsel; (Mr. Donald Zarin on the brief).

Messrs. Johnstone & O'Dwyer, attorneys for respondents (Mr. John F. Malone on the brief).

Before Judges CARTON, KOLE and LARNER.

The opinion of the court was delivered by LARNER, J.A.D.

International Fidelity Insurance Co. (International) issued a payment and performance bond for defendant The Goltra Corporation (Goltra), as principal, in connection with a construction project which Goltra undertook to perform for the City of Plainfield. Defendants had executed an all-embracing indemnity agreement whereby they agreed to indemnify International...

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