American Bonding Co. v. Bryant

Citations

• 18 Ohio C.C. Dec. 195
• 7 Ohio C.C. (n.s.) 399
• 1906 Ohio Misc. LEXIS 350

Syllabus

<p>BOND — MILITIA.</p> <p>Parker, Haynes and Wildman, JJ.</p> <p>Officer is not Released from Liability to Pay Premium on his Bond by Notification to Obligor that Bond is no Longer Required.</p> <p>An officer of the national guard is liable for the premium on a continuing bond executed by a bonding company under the requirements of Rev. Stat. 3104 (Lan. 4728) until such company is released from its liability for his default by his furnishing another bond or turning the property for which he is accountable over to the state or to his duly qualified successor; and a mere notification by such officer that he no longer requires such bond, will not operate as a cancellation, or release him .from the payment of the premiums thereon.</p> <p>[Syllabus approved, by the court.]</p>