American Savings & Loan Ass'n v. Stanton-Cudahy Lumber Co.

OPINION

By the Court,

Thompson, J.:

Stanton-Cudahy brought suit against American Savings and Loan to recover $17,057.05 alleged to be due under the terms of an informal contract between them. The district court ruled for Stanton-Cudahy, and this appeal by American Savings followed. We affirm.

The informal contract concerns an arrangement for the disbursal of funds by American Savings on a construction project at Carson City built by the Sasha Maloff Corporation. American Savings financed that project. Tahoe Wood Products was one of the subcontractors employed to do the rough framing construction…