Opinion ID: 1837616
Heading Depth: 1
Heading Rank: 10

Heading: the proceedings against western surety company

Text: James Bryan entered into a Bond and Oath of Conservator with Western Surety Company in the amount of $20,000 in March of 1979, upon being appointed conservator. After the suit was filed, James Bryan and Western Surety Company entered into an agreed final judgment on September 18, 1989. James Bryan agreed to reimburse Western Surety Company the full amount of any judgment rendered against it upon the bond it issued in favor of him, as well as, a judgment for $500 in attorneys' fees and all court costs assessed by way of Western Surety's cross-claim. On March 26, 1990, the chancery court entered a judgment against Western Surety Company in the amount of $20,000 on the bond. This judgment shall stand. THIS COURT AFFIRMS THE JUDGMENT AGAINST JAMES A. BRYAN AND ELIZABETH M. BRYAN IN THE AMOUNT OF $177,159.44, ENTERED MARCH 26, 1990. THIS COURT AFFIRMS THE JUDGMENT AGAINST WESTERN SURETY COMPANY IN THE AMOUNT OF $20,000 IN FAVOR OF THE ESTATE, AS PER THE AGREED JUDGMENT BETWEEN JAMES BRYAN AND WESTERN SURETY COMPANY ENTERED INTO ON SEPTEMBER 18, 1989. ALL COSTS OF THIS APPEAL ARE TAXED TO THE APPELLANTS, AS WELL AS, A FIFTEEN (15) PERCENT STATUTORY PENALTY AND STATUTORY INTEREST. ROY NOBLE LEE, C.J., HAWKINS and DAN M. LEE, P.JJ., and ROBERTSON, SULLIVAN, PITTMAN, BANKS and McRAE, JJ., concur.