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TRAVELERS INDEM. CO. v. A. M. PULLEN & CO.

62856.

161 Ga. App. 784 (1982)

289 S.E.2d 792

TRAVELERS INDEMNITY COMPANY v. A. M. PULLEN & COMPANY et al.

Court of Appeals of Georgia.

Rehearing Denied March 25, 1982.

Attorney(s) appearing for the Case

G. William Speer, Frank M. Hull, Michael L. Chapman, for appellant.

Richard R. Cheatham, J. Eric Dahlgren, George B. Haley, for appellees.

BIRDSONG, Judge.

Summary Judgment. This mountainous case involves a most convoluted series of arguments. The facts giving rise to this controversy show that in 1966 Yaksh Builders, Inc., the parent company of Ranger Construction Company, entered into a contractual agreement with Travelers Indemnity Company, whereby Travelers would issue performance bonds in behalf of Ranger to secure the faithful performance of numerous large construction projects. In order to protect...

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