MOREMEN, Justice.
This is an appeal from a judgment of the Johnson Circuit Court which reformed a performance bond given by May-Bilt, Inc., as principal, and appellant, Employers Liability Assurance Corporation, Ltd., surety, to the fiscal court of Johnson County to secure a faithful performance of a contract under the terms of which May-Bilt, Inc., undertook to construct for the fiscal court two school buildings, one at Oil Springs and the other at Williamsport....
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