Bank of Yuma v. Arrow Construction Co.

KRUCKER, Judge.

Plaintiff, the Bank of Yuma, sued defendant, Arrow Construction Company, as assignee of payments under a subcontracting agreement between defendant and a subcontractor. The trial court, sitting without a jury, entered judgment in defendant’s behalf and plaintiff appeals.

The relatively undisputed facts are as follows. Arrow Construction Company was the prime contractor for the construction of the Crescent Center Building in Yuma, Arizona. Edward Schnatzmeyer, dba Border Glass Company, was awarded a subcontract to do the glass work for $18,800. The Bank of Yuma made a loan to…