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FIREMAN'S FUND INSURANCE COMPANY v. CLARK

No. 5-6172.

490 S.W.2d 447 (1973)

FIREMAN'S FUND INSURANCE COMPANY, Appellant, v. Clifford CLARK, Appellee.

Supreme Court of Arkansas.

February 19, 1973.

Attorney(s) appearing for the Case

William Clay Brazil, Conway, for appellant.

Cambiano & Cree, Morrilton, for appellee.

GEORGE ROSE SMITH, Justice.

In 1967 Clifford Clark, the defendant-appellee, was a livestock dealer doing business in Morrilton. Pursuant to the federal Packers and Stockyards Act he, as principal, and the plaintiff-appellant as surety, gave a bond by which Clark obligated himself to pay when due all net amounts for which Clark sold livestock for the account of other persons.

Marx Brothers, livestock brokers at Memphis...

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