Spokane Security Finance Corp. v. Fidelity & Deposit Co.

Main, J. —

This action is based upon an indemnity bond. The trial was to the court without a jury, and resulted in findings of fact from which it was concluded that the plaintiff was entitled to recover. Judgment was entered against the defendant in the sum of $350.10, from which it appeals.

The respondent, Spokane Security Finance Corporation, is engaged in the business of making mortgage loans upon personal property in the city of Spokane. Under these loans, from time to time, the goods, wares and merchandise covered by the mortgage would be repossessed and become the property of the…