Legal Opinion

Dexter Horton National Bank v. Washington-Alaska Bank

Washington Supreme Court

Decided August 4, 1915No. 12019PublishedCited by 2 opinions

Appeal from a judgment of the superior court for King county, Albertson, J., entered January 16, 1914, in favor of the plaintiff, in an action to foreclose the lien of a pledge, tried to the court.

1Opinion of the CourtMorris, C. J.

This is an action to determine the rights of the parties in ninety-six shares of the capital stock of the *453Gold Bar Lumber Company, respondent claiming to hold this stock as a pledge for an indebtedness of $104,465.62, with accrued interest, and praying for foreclosure. Appellants deny the pledge, claiming the stock was left with respondent only for safe-keeping, and pray for its re-delivery. The judgment of the lower court established the indebtedness at $126,907.80, sustained the pledge, and ordered its foreclosure.

Prior to October 1, 1910, there were two banks at Fairbanks, Alaska, one…

2Cases cited1 opinion

  1. Dexter Horton Nat. Bank v. HawkinsCourt of Appeals for the Ninth Circuit · 1912

3Cited by2 opinions

  1. Washington-Alaska Bank v. Dexter Horton Nat. BankCourt of Appeals for the Ninth Circuit · 1920
  2. Tanana Valley R. Co. v. Washington-Alaska BankDistrict Court, D. Alaska · 1918

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