Deschutes Co. v. Lara

The pleadings are lengthy and intricate; a better understanding of the problems presented to us for our solution may be gained by a review of the evidence. Prior to 1922 the First National Bank of Bend had made some loans to the then owner of the property involved in this suit. When payment was not forthcoming the president of the bank, Mr. C. S. Hudson, and the defendant, E. M. Lara, who was the cashier, effected an arrangement whereby they became the obligors of that debt and the owners of this property. In 1917 Mr. Lara left the employ of the bank; at that time Mr. Hudson acquired his…