Oleson v. Bank of Tacoma

The opinion of the court was delivered by

Hoyt, C. J.

The Tacoma Trust & Savings Bank was a corporation doing business in the city of Tacoma. On the 25th day of May, 1894, it transferred, assigned, and delivered to the Bank of Tacoma, a corporation organized under the laws of the state of Washington, and doing business in said city, all of its assets, of whatever kind and description; and said Bank of Tacoma, in consideration of said transfer, assumed and agreed to pay all the debts and liabilities of said Tacoma Trust & Savings Bank. On the 17th day of *149August, 1895, said Bank of Tacoma…