Workingman's B. & L. Ass'n v. Johnson

Hirt, P. J.,

— The following facts are admitted on the rule to quash an attachment execution: Defendant, Henry C. Johnson, deposited $315 with plaintiff for the specific purpose of making good any loss on a mortgage held by it in the event of a refinancing of the mort*684gage through the Home Owners’ Loan Corporation. It was to be used in paying to plaintiff the difference between the face value and the market value of Home Owners’ Loan bonds when received. The following are the terms upon which plaintiff received the money:

“Received of H. C. Johnson the sum of $315, the same to be retained by us…