On April 17, 1957, the respondent Bitrel Painting Corporation, filed a notice of mechanic's lien against property owned by Bryan Construction, Inc., in Ulster County. On July 3, 1957, the mechanic's lien was discharged by order of the County Court of Ulster County upon the execution and filing of an undertaking in the amount of $6,500. The undertaking was executed by Bryan Construction, Inc., as principal and Globe Indemnity Company as surety. On August 28, 1957 an action...
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