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U.S. FIDELITY CO. v. OKLAHOMA

No. 304.

250 U.S. 111 (1919)

UNITED STATES FIDELITY & GUARANTY COMPANY v. STATE OF OKLAHOMA ET AL.

Supreme Court of United States.

Decided May 19, 1919.

Attorney(s) appearing for the Case

Mr. C.B. Ames for plaintiff in error.

Mr. H.L. Stuart, with whom Mr. S.P. Freeling, Attorney General of the State of Oklahoma, and Mr. W.A. Ledbetter were on the brief, for defendants in error.

MR. JUSTICE McREYNOLDS delivered the opinion of the court.

May 18, 1909, plaintiff in error became surety upon a bond to secure repayment of funds to be deposited by Commissioners of the Land Office of Oklahoma with the Columbia Bank & Trust Co. After receiving more than $50,000 the Trust Company became insolvent, and in September, 1909, refused to honor a proper demand therefor. The State sued the surety in one of its...

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