UNITED PACIFIC INSURANCE CO. v. FIRST NATIONAL BANK OF ORE.

Civ. No. 62-145.

206 F.Supp. 94 (1962)

UNITED PACIFIC INSURANCE COMPANY, a corporation, Plaintiff, v. The FIRST NATIONAL BANK OF OREGON, a national banking association, and Bernard B. Cantor, Trustee of the Bankrupt Estate of Nils Sigurd Andersson, Defendants.

United States District Court D. Oregon.

May 28, 1962.


Attorney(s) appearing for the Case

Mautz, Souther, Spaulding, Kinsey & Williamson and Douglas M. Thompson, Portland, Or., for plaintiff.

Walter H. Pendergrass; Pendergrass, Spackman, Bullivant & Wright; Seymour L. Coblens, Reinhardt, Coblens & Stoll, Portland, Or., for defendants.


KILKENNY, District Judge.

This litigation grows out of the financial difficulties of Sig Andersson in connection with the construction of segments of highways in Coos County, Oregon.

Andersson was engaged in the highway construction business and in the year 1961 agreed to construct said segments. As part of said agreements the plaintiff, as surety, and Andersson, as principal, executed and delivered certain surety bonds in compliance with state and federal...

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