CONTRACTS - PARTIES - SUIT ON A SEALED INSTRUMENT

Authors

Abstract

Defendant was the obligor on a bond under seal given for the faithful performance of a shipbuilding contract in which the obligee was named as "the United States Shipping Board Emergency Fleet Corporation; a corporation organized and existing under the laws of the District of Columbia, representing the United States of America." The contract, to insure the performance of which the bond was executed, was signed by the "Fleet Corporation" and sealed with its own seal. In action at law on the bond brought by the United States, held, since the plaintiff was not a party named in the instrument, and had not signed and sealed it, the action could not be maintained. United States v. New Amsterdam Casualty Co., 52 F.(2d) 148 (1931).

Recommended Citation

CONTRACTS - PARTIES - SUIT ON A SEALED INSTRUMENT, 30 Mich. L. Rev. 464 (1932).
Available at: https://repository.law.umich.edu/mlr/vol30/iss3/23