Heal v. Evans Creek Coal & Coke Co.
Washington Supreme Court
Appeal from a judgment of the superior court for Pierce county, Card, J., entered May 6, 1911, upon findings in favor of the plaintiffs, in an action to foreclose a mortgage, after a trial on the merits.
1Opinion of the CourtFullerton, J.
On June 28, 1908, and for some years prior thereto, the defendant Evans Creek Coal & Coke Company operated certain coal mines, situated in Pierce county. The mines were located partly on its own property and partly on lands belonging to others on which it held leases. One John A. Wood was an officer of the company and its principal stockholder. During the time the mine was being operated Wood advanced for the use of the .company large sums of money and indorsed its paper at neighboring banks for other large sums. On the date above given, the company gave to Wood a mortgage upon all its…
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