Modesto Building & Loan Ass'n v. Wylde

Plaintiff corporations, The Modesto Lumber Company and Turner Hardware & Implement Company, furnished materials to V. L. Bates, a contractor, which materials were used by him in erecting a residence and garage upon the Modesto property of defendants Wylde and wife. The Modesto Building and Loan Association furnished by way of a loan to the owners, the funds necessary to erect said structures and agreed to disburse said funds in such a manner as to protect itself and them. This association had knowledge of the unrecorded but written building contract between said owners and said contractor and…