106. —Surety company. <A company, usually incorporated, whose husiness is to assume the responsibility of a surety on the bonds of officers, trustees, executors, guardians, etc., in consideration of a fee proportioned to the amount of the security required —Surety of the peace. Surety of the peace is a species of preventive justice, and consists in ob iging those persons whom there is a probable n to suspect of future misbehavior, to stipulate with, and to give full assurance to, the public that such offense as is apprehended shall not take place, by finding pledges or securities for keeping the peace, or for their good behavior.