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HIGHLANDS INS. CO. v. WM. BURRIS MASONRY

No. 75-92.

528 S.W.2d 405 (1975)

HIGHLANDS INSURANCE COMPANY OF TEXAS, Appellant, v. WILLIAM BURRIS MASONRY CONTRACTORS, INC., Appellee.

Supreme Court of Arkansas.

October 20, 1975.

Attorney(s) appearing for the Case

Wright, Lindsey & Jennings, Little Rock, for appellant.

James R. Howard, Little Rock, for appellee.

HOLT, Justice.

The appellant is the surety on the payment and performance bonds for a prime contractor on construction projects for the Little Rock Municipal Water Works and the Mountain Pine School District. The prime contractor was adjudicated bankrupt and appellant undertook full responsibility for completion of the projects pursuant to its performance bonds. The appellee was the masonry subcontractor for the prime contractor on both jobs. Appellee instituted this...

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