Certiorari Denied June 1, 1970. See 90 S.Ct. 1838.
BROWNING, Circuit Judge:
Pacific National Insurance Company, as surety, wrote payment and performance bonds on six government construction contracts awarded to Central States Construction and Equipment Company. Central exhausted its operating funds and requested Pacific's assistance. Arrangements were made to finance Central's operating expenses from May to September 8, 1955, when Central formally defaulted...
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