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HUNT v. BANKERS & SHIPPERS INS. CO. OF NEW YORK

60 A.D.2d 781 (1977)

Myron M. Hunt et al., Doing Business as Mymar Associates-Georgia, Respondents, v. Bankers and Shippers Insurance Company of New York, Appellant

Appellate Division of the Supreme Court of the State of New York, Fourth Department.

December 16, 1977

Order unanimously reversed, without costs, and motion denied.

Memorandum:

This is an action to recover damages on two performance bonds issued by defendant in connection with two construction contracts entered into between plaintiffs, as owners, and Ferguson and Johnson, Inc., as general contractors, for the construction of separate Ponderosa Restaurants in the State of Georgia. The performance bonds provided that...

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