Warren v. Washington Trust Bank
Washington Supreme Court
1Opinion of the CourtRosellini, J.
This case involves the respective rights of a surety and a creditor in regard to payments made to and collateral placed in the hands of the creditor. The facts are set forth in detail in the opinion of the Court of Appeals, Division Three, in Warren v. Washington Trust Bank, 19 Wn. App. 348, 575 P.2d 1077 (1978), and need only be summarized here.
In 1968, Electric Smith Construction & Equipment Company (herein called the construction company), of which Charles E. Walters was vice president and principal shareholder, was indebted to the respondent bank in the amount of $375,000. At that time it…
2Cases cited9 opinions
- Crane Co. v. Pacific Heat & Power Co.Washington Supreme Court · 1904
- Sturtevant Co. v. Fidelity & Deposit Co.Washington Supreme Court · 1916
- United States Fidelity & Guaranty Co. v. E. I. Dupont De Nemours & Co.Washington Supreme Court · 1939
- Rivier College v. St. Paul Fire & Marine InsuranceSupreme Court of New Hampshire · 1963
- Warren v. Washington Trust BankCourt of Appeals of Washington · 1978
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- Bank of Washington v. Hilltop Shakemill, Inc.Court of Appeals of Washington · 1980
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