PER CURIAM:
1. THE FACTS AND PROCEEDINGS.
On February 5, 1964, Birney T. Havey was arraigned in police court in the city of Grand Rapids on a charge of armed robbery. He waived examination and was bound over to superior court. Bond was set in the sum of $20,000. The defendant, United Bonding Insurance Company, an Indiana corporation authorized to do business in Michigan (hereinafter referred to as United), executed the bond as surety.
On February 17...
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