Seattle-First National Bank v. Cannon

—Richard and Ruth Cannon appeal a summary judgment in favor of Seattle-First National Bank establishing liability and awarding damages of $43,000.

Prior to the action for summary judgment, the Cannons were convicted in federal court after a nonjury trial of conspiracy and of aiding and abetting embezzlement of funds from the Seattle-First National Bank. The Cannons' codefendant, Mary Mowery, was convicted of the actual misapplication of the funds. The convictions of the Cannons were affirmed in an unpublished opinion, United States v. Cannon (9th Cir., February 9, 1978).

The bank brought this…