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HAMMOND v. TRAVELERS INDEM. CO.

No. 1640.

553 S.W.2d 205 (1977)

Dr. C. W. HAMMOND, Jr., Appellant, v. The TRAVELERS INDEMNITY COMPANY, Appellee.

Court of Civil Appeals of Texas, 14th District.

Rehearing Denied July 6, 1977.

Attorney(s) appearing for the Case

C. Andrew Wooley, Butler, Binion, Rice, Cook & Knapp, Houston, for appellant.

Walter T. Weathers, Jr., Sewell, Junell & Riggs, Houston, for appellee.

J. CURTISS BROWN, Chief Justice.

This suit arises out of an indemnity agreement made to secure an alcoholic beverage surety bond.

In February 1972, the Travelers Indemnity Company (Travelers or appellee) issued a surety bond in the amount of $5,000 on behalf of "O.D.'s Inc." under the Texas Liquor Control Act. This bond was secured by an indemnity agreement entered into by appellee as indemnitee and the three owners of "O.D.'s" as indemnitors Jim O'Donnell...

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