Warren v. National Surety Co.

A. E. Anderson, Inc., owned lot 8, block 1, “Map of Law’s Addition to Tacoma City” in Pierce county. Desiring to erect a dwelling house or it, the owner adopted plans and specifications for the building; and upon commencing the building or shortly thereafter, in order to procure money to finance the job, borrowed six thousand dollars from the College of Puget Sound, upon its approval of the plans and specifications for the building. The owner executed and delivered a five year note in the sum of six thousand dollars, dated April 14, 1926, payable to the college and bearing interest at six and…