LUMMUS, J.
This is a bill in equity, filed April 6, 1950, by a creditor of the defendant Pitman & Brown Company, hereinafter called Pitman, to obtain the benefit of security under G.L. (Ter. Ed.) c. 149, § 29, as it appears in St. 1938, c. 361, consisting of a bond given by Pitman, as principal, and the defendant Peerless Casualty Company, hereinafter called Peerless, as surety, to the city of Beverly, conditioned upon the performance of a written contract...
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