[DOWNLOAD] "Wells v. Eville Wells v. Corley" by Supreme Court of Florida # eBook PDF Kindle ePub Free

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eBook details

• Title: Wells v. Eville Wells v. Corley
• Author : Supreme Court of Florida
• Release Date : January 07, 1949
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 55 KB

Description

H. O. Barber was awarded a contract by the Orange State Oil Company for the construction of a filling station at Islamorado, Florida. He sublet the plumbing work to Ralph H. Coker and the electrical work to Olin P. Wright. He applied to All Florida Surety Company for a performance bond to insure the fulfillment of the contract. His application was rejected because of his unstable financial condition. The agent of the surety company suggested that he secure others to become co-indemnitors upon his application for the bond. Barber said that his subcontractors would be agreeable to assuming that obligation. The agent, after learning the names of the subcontractors, looked them up in Dun & Bradstreet and informed Barber that they were "bondable." He thereupon prepared application for bonds for Coker and Wright and indemnity agreements for them to sign, marked the places for their signatures with a red pencil and gave them to Barber with directions to get the signatures of Coker and Wright to the papers prepared by him and get financial statements from both.

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