Osborne v. Chicago Bonding & Surety Co.

Citations

• 96 Wash. 133
• 164 P. 742
• 1917 Wash. LEXIS 880

Syllabus

<p>Principal and Surety — Liability — Release — Representations. A surety company, giving a bond to insure the completion of a building upon property sold by the principal to a purchaser under an agreement that the principal would complete the building, is not released by the fact that the represented consideration for the property was not to be paid for all in cash, where no representations were made as to the method of payments, and the surety had no lien against the purchase price and was in no way interested therein.</p>