Supreme Court of New Hampshire October 5, 1920 (Guaranty Trust Co. v. United States Fidelity & Guaranty Co.)

Parsons, C. J.

The contract sued is one of insurance. In consideration of a premium paid to it by the plaintiffs, the defendants agreed to pay them such direct and pecuniary loss not exceeding the amount of the bond as the plaintiffs might sustain by the failure of one Harry P.