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NEW AMSTERDAM CASUALTY CO. v. BETTES

No. 16709.

407 S.W.2d 307 (1966)

NEW AMSTERDAM CASUALTY CO. et al., Appellants, v. T. J. BETTES et al., Appellees.

Court of Civil Appeals of Texas, Dallas.

Rehearing Denied October 28, 1966.

Attorney(s) appearing for the Case

Brundidge, Fountain, Elliott & Churchill, Lloyd E. Elliott, and J. Willard Gragg, Dallas, for appellants.

Vinson, Elkins, Weems & Searls, John C. Snodgrass and John B. Holstead, Houston, Dean Carlton, Dallas, for appellees.

CLAUDE WILLIAMS, Justice.

This is an appeal from a judgment for $1,178,770 in favor of T. J. Bettes Company against New Amsterdam Casualty Company. The recovery of T. J. Bettes Company was upon alleged obligation of four bonds executed by L. A. Peterson, Inc., as principal, and New Amsterdam Casualty Company as surety, said bonds being conditional upon the faithful performance by L. A. Peterson, Inc., of contracts for the construction of buildings located in Virginia...

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