City of Tacoma v. Young

— This action was brought by the city of Tacoma for the purpose of attempting to impress a trust upon a fund in the possession of the receiver of the Cascade Paper Company. The cause was tried to the court without a jury, and resulted in findings of fact from which the court concluded that the city was not entitled to the relief sought. Judgment was entered allowing the city’s claim as a general claim, but denying to it the right of preference claimed, and from this judgment the city appeals.

The facts essential to be stated are these: The Cascade Paper Company was a corporation which owned…