Kiggins v. Munday

The opinion of the court was delivered by

Scott, C. J.

The Guarantee Loan & Trust Company was incorporated to engage in the following lines of business, as stated in its articles of incorporation:

*234“ First, to loan money on real or personal security, and to sell or otherwise negotiate such loans; second, to buy, sell, negotiate and guaranty the payment of notes, bonds, mortgages, bills of exchange, and other evidences of indebtedness; third, to make, execute, and deliver its bonds or other obligations in writing; fourth, to engage in and carry on the business of banking to such an extent, and in…