Lundquist v. Olympia National Bank

The Olympia Westside Lumber Company, a corporation, was engaged in the manufacture of lumber in the city of Olympia in 1920 and 1921. It became indebted to Hugh Boss and the Olympia National Bank, as evidenced by its several promissory notes to each. A mortgage was given to each by the Westside Lumber Company on its property to secure the payments of the notes. In March, 1921, it executed and delivered to the Olympia Fir Lumber Company, a corporation, a conditional sale contract of the mill plant and property and put the latter named company in possession of it. The Olympia Fir Lumber Company…