Bond of contractors

The contractors shall give bond to the directors in a sum sufficient to secure the prompt execution of their contract, conditioned to pay any damages which shall result to the landholders of the district from a failure to perform their contracts or by reason of a negligent performance of the contract. Acts 1879, No. 78, § 11, p. 117; C. & M. Dig., § 6828; Pope's Dig., § 4554; A.S.A. 1947, § 21-626. The contractors shall give bond to the directors in a sum sufficient to secure the prompt execution of their contract, conditioned to pay any damages which shall result to the landholders of the district from a failure to perform their contracts or by reason of a negligent performance of the contract. Acts 1879, No. 78, § 11, p. 117; C. & M. Dig., § 6828; Pope's Dig., § 4554; A.S.A. 1947, § 21-626.