Spokane & Eastern Trust Co. v. Hart

In general terms, this is an action to restrain the guaranty fund board from enforcing, as against the plaintiff, any of the provisions of the state guaranty act as amended in 1921. The cause was tried to the court without a jury, and resulted in a judgment favorable to the plaintiff’s contentions. Prom this judgment, the defendants appeal.

The facts are not in dispute, hut in making a statement of the case it will he necessary, as a basis for the proper understanding of the questions to he determined, to include certain provisions of the original guaranty act, as well as some of the…