eBook details
- Title: Monte Rico Mill. & Min. Co. Et Al. V.
- Author : Court of Appeals of New York
- Release Date : January 31, 1930
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 72 KB
Description
1. Under the general rule for the interpretation of bonds of suretyship and the determination of a suretys liability where the language and the conditions of the bond are clear, definite, and unambiguous, the language used will be given its plain and ordinary meaning, and the liability of the surety will not be extended beyond or altered from that clearly expressed in the language used. A surety has the right to stand upon the very letter of his contract as written.