Hightower v. Union Savings & Trust Co.

This is an action for malicious prosecution. At the time of the prosecution complained of, the appellant, Hightower, was president and manager of the Orillia Lumber Company, at Orillia, Washington, and in that capacity had secured loans of money from the respondent company’s branch bank at Renton, of which O. B. Woolley was manager. Woolley had exceeded his authority in making some of the loans to the lumber company, and had concealed that fact from the officers of the main bank. This conduct by Woolley was eventually discovered by the bank’s officers, and Woolley was arrested and tried on a…