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JACOBS ASSOCIATES v. ARGONAUT INS. CO.

580 P.2d 529 (1978)

282 Or. 551

JACOBS ASSOCIATES, Appellant, v. ARGONAUT INSURANCE COMPANY, Respondent.

Supreme Court of Oregon, In Banc.

Decided June 20, 1978.

Attorney(s) appearing for the Case

James E. Petersen, Portland, argued the cause for appellant. With him on the brief were Black, Helterline, Beck & Rappleyea, Portland.

Paul R. Meyer, Portland, argued the cause for respondent. With him on the brief were Kobin & Meyer, Portland.

DENECKE, Chief Justice.

Plaintiff is an engineering firm which provided services used in construction of the Portland General Electric (PGE) Company headquarters building in Portland. The services were provided for Target Dredging and Piledriving Company. Target has since been adjudicated bankrupt without paying plaintiff $10,891.94 due under its subcontract. In accordance with its contract with PGE, Target secured a bond through defendant. After Target was adjudicated...

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