Spokane Union Stockyards Co. v. Maryland Casualty Co.

Citations

• 105 Wash. 306
• 178 P. 3
• 1919 Wash. LEXIS 587

Syllabus

<p>Pbincipal and Surety (26)—Discharge op Surety—Change op Pasties. The surety upon a bond, guaranteeing the contracts of an individual is discharged and not liable, where thereafter such individual entered into a partnership and the contracts sought to be enforced were made with the partnership.</p> <p>Same. The obligee on a bond taken to guarantee the contracts of an individual doing business under an assumed name is under some obligation to inform itself of the formation of a partnership which would discharge the surety as to contracts thereafter made; and cannot plead ignorance thereof, where it knew that the principal had entered into a partnership and failed to inform itself as to the extent of the partnership.</p>