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CITY OF PHILADELPHIA v. LIEBERMAN

No. 7153.

112 F.2d 424 (1940)

CITY OF PHILADELPHIA v. LIEBERMAN et al.

Circuit Court of Appeals, Third Circuit.

On Reargument May 22, 1940.

Attorney(s) appearing for the Case

Samuel Feldman, and Abraham Wernick, Asst. City Sols., and Joseph Sharfsin, City Sol., all of Philadelphia, Pa., for appellant.

William C. Ferguson, Jr., David Rosen, Hirschwald, Goff & Rubin, and Strong, Saylor & Ferguson, all of Philadelphia, Pa., for appellees.

Before MARIS, CLARK, and JONES, Circuit Judges.

MARIS, Circuit Judge.

Consolidated Indemnity and Insurance Company, hereinafter called Consolidated, was a New York corporation engaged in the business of insurance and indemnity In order to qualify as surety upon contracts for the City of Philadelphia and pursuant to the requirements of an ordinance of that city approved July 21, 1887, it deposited with the Broad Street Trust Company, of Philadelphia, bonds of the face value of $100,000. This was done under the terms...

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