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VAL-U INVESTMENT CORP. v. TRINITY UNIVERSAL INS. CO.

No. 1640.

170 So.2d 723 (1965)

VAL-U INVESTMENT CORPORATION v. TRINITY UNIVERSAL INSURANCE COMPANY.

Court of Appeal of Louisiana, Fourth Circuit.

January 11, 1965.

Attorney(s) appearing for the Case

Joseph H. Hurndon, Flettrich, Ritter, Hurndon & Hennesy, New Orleans, for defendant-appellant.

James J. Morrison, New Orleans, Allen Bares, Lafayette, for plaintiff-appellee.

Before YARRUT, CHASEZ and TURNER, JJ.

CHASEZ, Judge.

Plaintiff sues to recover on a surety bond executed by Trinity Universal Insurance Company (hereinafter referred to as Trinity) guaranteeing the performance of a contract between Safticraft Corporation, principal on the bond, and Pioneer Leasing Corporation for the construction of a seventy foot, steel tug known as Hull No. 552. Plaintiff was named obligee in the bond. The Court a qua rendered judgment in favor of plaintiff. Defendant suspensively appeals...

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