First Guaranty Bank v. Western Cross Arm & Manufacturing Co.

In its brief the appellant says that this is an action to foreclose an equitable lien on standing timber. A somewhat detailed statement of the facts, either admitted or found by us to be shown by ¿ preponderance of the evidence, will be necessary.

In February, 1909, Emil - Morsbach and wife and. Rudolph Morsbach and wife were the owners of certain lands in Thurston county, in this state, upon which was some valuable timber. On that day they entered into a written contract with H. H. Martin Lumber Company for the sale of the timber, but not the land. The purchase" price was to be $20,000,…