WALKER, Circuit Judge.
On February 12, 1930, the appellee, American Surety Company of New York, executed as surety a bond in the sum of $20,000, Lumberman's Reciprocal Association, a Texas corporation, being the principal in that bond, which, as provided by a Louisiana statute, was conditioned in effect that said principal shall make prompt payment of all claims arising and accruing to any person during the term of said bond, by virtue of any policy or policies of...
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