Shepherd v. Continental Bank

Plaintiff, P. J. Shepherd, appeals the entry of an order denying her motion to compel satisfaction of a judgment in favor of defendant, Puget Sound National Bank (PSNB). We affirm.

In October 1972, Shepherd agreed to purchase shares of stock in Bayly, Martin & Fay of Washington, Inc. Shepherd borrowed the necessary funds from Continental Bank of Burien and as a part of this transaction, she executed a demand note for $33,300 payable to Continental Bank. The note provided for 8 percent interest until date of demand, 12 percent interest thereafter, and attorney's fees for collection on the note.…