OPINION
THOMAS GALLAGHER, Justice.
Action by Missouri Valley Steel Company to recover $15,000 for steel sold to Lundquist Constructors, Inc., a Minnesota corporation. Included as a defendant in the action is New Amsterdam Casualty Company, a corporate surety on a public contractor's bond furnished by Lundquist Constructors, Inc., on a contract for the construction of a water-treatment plant for the city of Fairmont. It is the contention
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