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U. S. FID. & GUAR. CO. v. GULF FLORIDA DEV. CORP.

No. DD-480.

365 So.2d 748 (1978)

UNITED STATES FIDELITY AND GUARANTY COMPANY and Chapman & Sons, Inc., Appellants, v. GULF FLORIDA DEVELOPMENT CORPORATION, Appellee.

District Court of Appeal of Florida, First District.

Rehearing Denied January 18, 1979.

Attorney(s) appearing for the Case

Paul P. Sanford of Rogers, Towers, Bailey, Jones & Gay, Jacksonville, Thomas T. Remington and Walter J. Smith of Smith, Grimsley, Barron & Remington, Fort Walton Beach, for appellants.

Lawrence W. Oberhausen and Wilmer H. Mitchell of Mitchell & Oberhausen, Pensacola, for appellee.

BOYER, Acting Chief Judge.

Appellants, United States Fidelity and Guaranty Company (USF&G) and Chapman & Sons, Inc. (Chapman) appeal a final judgment rendered after the jury reassembled and returned a second verdict increasing the liability of both Chapman and USF&G.

In 1971, appellee, Gulf Florida Development Corporation (Gulf Florida), and Chapman entered into a contract for the construction of a condominium. USF&G issued a performance bond...

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