Commercial Security Bank of Ogden v. Johnson

WOLFE, Justice.

Appeal by the Intermountain Solvents Company in an interpleader action.

As revealed by the title there are three sets of parties: (1) the plaintiff bank, hereinafter called the “Bank”; (2) the defendant Solvents Company, hereinafter called the “Company”, Johnson and Fitzgerald, hereinafter called “Buyers”; and (3) the defendant Ward Corporation, Beus and Jensen, as successive bishops of the Ward, hereinafter called “Seller” or “Ward”.

The Bank, holder of various documents and moneys as escrow agent of the defendants, brought this action in inter-pleader to be discharged and…