New York Court of Appeals

The Western New York Life Insurance Company, Appellant v. De Witt W. Clinton, Respondents

June 6, 187666 N.Y. 326

Summary

The Court held that the bond executed by the principal and sureties covered premiums from both the original agency contract and the later renewal‑premium contract, and that sureties are liable under the bond even though they were unaware of the second contract, absent proof that the obligee participated in any fraud.