Western Federal Savings & Loan Ass'n v. National Homes Corp.

The plaintiff in error, referred to as “Western,” brought an action against the defendant in error, referred to as “National,” in which it sought a decree determining that mechanics’ liens asserted by National were released by lien waivers which National had delivered to Western prior to the filing of the liens. The trial court held that the lien waivers were not supported by consideration; that failure to recognize National’s liens would result in unjust enrichment of Western; and that National’s mechanics’ liens were valid. We find that there was consideration for the lien waivers.

In 1962…