BARBERO v. EQUITABLE GEN. INS. CO.

No. 51599.

607 P.2d 670 (1980)

Robert A. BARBERO, John J. Locy and Wilson A. Hanna, Trustees of Standard Royalties, Inc. Liquidating Trust, Successor in Liquidation to Standard Royalties, Inc., a Delaware Corporation (formerly Standard Industries, Inc.) and Standard Industries, a Warren Brothers District of Ashland Oil, Inc., a Kentucky Corporation, Appellants, v. EQUITABLE GENERAL INSURANCE COMPANY (formerly Houston General Insurance Company), a corporation, Appellee.

Supreme Court of Oklahoma.

February 19, 1980.


Attorney(s) appearing for the Case

Frederic N. Schneider, III, Boone, Ellison & Smith, Tulsa, for appellants.

Donald Church, Church & Roberts, Tulsa, for appellee.


DOOLIN, Justice:

Nurrie Construction Company, a prime contractor on certain construction work for the United States Corps of Engineers, executed a subcontract with Jim Hall of Boynton, Oklahoma. In conjunction with this contract Jim Hall provided to Nurrie, a labor and material payment bond from Equitable General Insurance Company (Surety).

Plaintiffs contracted with Jim Hall Construction Company, a corporation (Corporation...

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