State v. Lindberg

The appellant, Gustav Lindberg, was convicted of a violation of the state banking act, *53and appeals from the judgment and sentence pronounced upon him.

The Scandinavian-American Bank of Tacoma was a banking corporation organized under the laws of this state. The appellant was a stockholder therein and a director thereof, and while such director borrowed from the bank, on his unsecured note, the sum of $13,000. The bank subsequently became insolvent and was taken over by the state banking officers for liquidation. The note was then unpaid, and was found pledged as security with other notes of…