United States National Bank v. D. W. Standrod & Co.

Plaintiff, appellant, United States National Bank of Portland, Oregon, brought this action against D. W. Standrod & Company, Bankers, and E. W. Porter, commissioner of finance in charge of said defendant as an insolvent bank, to secure the allowance of a claim and to impress the amount thereof upon the assets of the bank as held in trust for plaintiff.

During the year 1922, plaintiff made a loan to C. W. Berryman and others. As collateral security for the liability of C. W. Berryman, there was, among other items, pledged and delivered to plaintiff a note of one Brice York and wife, in the sum…