SIMPSON, Justice.
In March, 1964, Southeast Contractors, Inc. entered into a contract with the State of Alabama to perform all the work and labor and to furnish and deliver all the materials to construct the public road in Tuscaloosa County referred to as the 15th Street Project.
Simultaneously Southeast Contractors, Inc. as principal, and National Union Fire Insurance Company of Pittsburgh, Pennsylvania, as surety, executed a payment bond which is the basis...
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