McGregor v. Farmers State Bank of Washington

The opinion of the court was delivered by

Burch, J.:

The action was one for specific performance of a contract between a borrower and a bank, relating to the borrower’s indebtedness to the bank. A demurrer to the petition was overruled, and the bank stood on the; demurrer. After the petition was filed the bank was found to be insolvent, a receiver was appointed, and the receiver was made a party to the action. The bank and the receiver appeal from the order overruling the demurrer.

Plaintiff was a customer of the bank, and became indebted to it for a large sum of money. In February, 1921, the…