Commonwealth v. American Bonding Co.
Commonwealth v. American Bonding Co.
Opinion of the Court
Opinion by
The legal effect of the bond given by the defendant in this case and its liability thereunder for the misapplication of funds arising from the sale of the real estate of the use plaintiff were fully passed upon in Com. v. American Bonding & Trust Co., 16 Pa. Superior Ct. 570.
Little need be said in addition to what was said when the case was here on the question of the sufficiency of the affidavit of defense. It was then alleged: “ That the defendant knew that the bond was to be used in an application for the sale of real estate and that the guardian was the agent of the defendant in presenting the bond to the court,” which allegations were specifically denied in the affidavit of defense. These allegations and the denial thereof raised the question of fact necessary to be submitted to a jury.
On the trial of the case there was no evidence whatever which tended, either directly or indirectly, to charge the defendant with a knowledge of the use of the bond for any purpose other than shown in the application, which was “ for the faithful performance of trust, as guardian of Dora Leila Angle, minor child of Lavinia O. Angle, deceased.” The court was,
Judgment affirmed.
Reference
- Full Case Name
- Commonwealth to use v. American Bonding Company
- Cited By
- 2 cases
- Status
- Published
- Syllabus
- Guardian and ward — Principal and surety — General guardianship bond— Sale of real estate. Where a bond given by a guardian and his surety is on its face a general guardianship bond and it appears that the surety had no knowledge that the bond was intended for any other purpose than that which appeared upon its face, the surety cannot be held liable for the misappropriation by the guardian of the proceeds of the sale of real estate sold by the guardian under an order of court.