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RAGS, INC. v. THOROUGHBRED MOTOR CARS

769 S.W.2d 493 (1988)

RAGS, INC., Plaintiff, and National Bond and Surety Corporation, Surety, Appellant, v. THOROUGHBRED MOTOR CARS, INC., et al., Defendants-Appellees.

Court of Appeals of Tennessee, Middle Section, at Nashville.

Permission to Appeal Denied April 3, 1989.

Attorney(s) appearing for the Case

Joel H. Moseley, Moseley & Moseley, Nashville, for appellant.

Robert E. Boston, Waller, Landsden, Dortch & Davis, Nashville, for defendants-appellees.

Permission to Appeal Denied by Supreme Court April 3, 1989.

OPINION

CANTRELL, Judge.

This appeal concerns the extent of a surety's liability on a bond posted in conjunction with a writ of possession. The chancellor authorized execution against the surety for all damages awarded against its principal on a counterclaim and third-party complaint for damages filed by the car dealer against whom the writ of possession was issued. The surety appealed....

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