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TRAVELERS INDEMNITY CO. v. CLARK

No. 46348.

254 So.2d 741 (1971)

The TRAVELERS INDEMNITY CO. and Leflore Bank & Trust Co. v. Travis H. CLARK, Jr., Receiver of Stigler Construction Co., Inc.

Supreme Court of Mississippi.

Rehearing Denied December 6, 1971.

Attorney(s) appearing for the Case

Cox & Dunn, Ltd., Jackson, Lott, Sanders & Gwin, Greenwood, for appellants.

Travis H. Clark, Jr., Greenwood, for appellee.

GILLESPIE, Chief Justice:

In this case several questions arise involving the laws of suretyship and the Uniform Commercial Code.

In the latter part of 1968, Stigler Construction Company, Inc., (Stigler) a contractor, entered into three separate and distinct construction contracts totaling in excess of three hundred thousand dollars, one to be performed in and for Yalobusha County, one in and for Webster County, and...

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