Legal Opinion
Exchange National Bank v. Hunt
Washington Supreme Court
Decided September 25, 1913No. 10855PublishedCited by 21 opinions
Appeal from a judgment of the superior court for Spokane county, Sullivan, J., entered February 20, 1912, upon findings in favor of the plaintiff, in an action on contract, tried to the court.
1Opinion of the CourtMain, J.
The purpose of this1 action is to recover upon a written guaranty. The facts are not in dispute, and so far as here material, are substantially as follows: On May 7,
1908, the Spokane Electric Supply Company, a corporation, desired to borrow $10,000 from the plaintiff; and the plaintiff agreed to make the loan if William Huntley, C. W. Hunt, and others, would guarantee its payment. Thereupon, the following instrument was executed:
“This agreement witnesseth, Whereas, the undersigned are the principal stockholders of the Spokane Electric Supply Company, a corporation; and
“Whereas, said company…
2Cases cited3 opinions
- London & San Francisco Bank, Ltd. v. ParrottCalifornia Supreme Court · 1899
- Canadian Bank of Commerce v. Sesnon Co.Washington Supreme Court · 1912
- Wadsworth v. AllenSupreme Court of Virginia · 1851
3Cited by21 opinions
- Lorch's EstateSupreme Court of Pennsylvania · 1925
- Fewox v. Tallahassee Bank & Trust Co.District Court of Appeal of Florida · 1971
- Southern California First National Bank v. OlsenCalifornia Court of Appeal · 1974
- First New Jersey Bank v. FLM Bus. MacHines, Inc.New Jersey Superior Court Appellate Division · 1974
- American Chain Co. v. Arrow Grip Manufacturing Co.New York Supreme Court · 1929
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