Hodge v. Truax

This action was brought to recover the balance claimed to be due upon a written contract. The defendant denied liability and affirmatively pleaded that the contract sued upon had been pledged to the Seattle National Bank and its successors, called liquidating trustees. In the reply, it was alleged afirma-' tively that the statute of limitations had run against most of the notes as security for which the contract was pledged. The trial was to the court without a jury, and resulted in findings of fact from which it was concluded that no recovery could be had upon the contract. From the judgment…