Legal Opinion

American Bonding Co. v. Loeb

Washington Supreme Court

Decided November 1, 1907No. 6895PublishedCited by 18 opinions

Appeal from a judgment of the superior court for Pierce county, Snell, J., entered May 28, 1907, upon findings in favor of the plaintiff, after a trial on the merits before the court without a jury, in an action to foreclose a pledge.

1Opinion of the CourtDunbar, J.

J.;—One A. L. Campbell was an agent of the respondent American Bonding Company, and issued a bond in behalf of the respondent for a charter party entered into by Saunders, Ward & Company, and took security back from Saunders, Ward & Company. The appellant, Loeb, was a member of the transportation company for whose benefit the first bond was given. He became an officer of the transportation company to whom the charter party of the schooner Aberdeen was assigned, and said schooner was operated by said company. Twenty-five thousand dollars of the par value *448of the capital stock of said company…

2Cases cited2 opinions

  1. Douthitt v. MacCulskyWashington Supreme Court · 1895
  2. Shoemake v. FinlaysonWashington Supreme Court · 1900

3Cited by18 opinions

  1. Bacon v. GardnerWashington Supreme Court · 1951
  2. Rullman v. RullmanSupreme Court of Kansas · 1910
  3. Hackler v. HacklerCourt of Appeals of Washington · 1984
  4. Schroeder v. Hotel Commercial Co.Washington Supreme Court · 1915
  5. Desimone v. SpenceWashington Supreme Court · 1957

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