STEINFELD, Judge.
Appellant, United Bonding Insurance Company (hereinafter United), appeals from a summary judgment. It was held liable on its "Performance-Payment Contractor's Bond" executed in favor of Sperry & Hutchinson Company, the appellee (hereinafter S & H), to secure payment and performance of a contract S & H had entered into with Barrett & Company, Inc. (hereinafter Barrett) for the construction of a building. The crucial factual happenings...
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