MR. JUSTICE CARDOZO delivered the opinion of the Court.
The controversy hinges upon the validity of a statute of Mississippi whereby the bond of a contractor guaranteeing to an owner the faithful performance of a contract for the construction of a building shall inure to the benefit of persons furnishing material or labor, and this though the bond expresses an intention to exclude them.
The statute challenged by the appellants was enacted in March 1918, and...
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