Brokaw v. Kunze

The respondent, the Bank of Stan-wood, brought this action to foreclose certain bonds, claimed to be held by it as collateral for a loan to George W. Kunze, president of the Wisconsin Timber Company.

The testimony shows that, on October 1, 1921, George W. Kunze borrowed $16,000 from respondent and deposited as collateral security therefor thirty-four bonds of the timber company of the par value of $17,000. These bonds were the separate property of appellant Anna L. Kunze, the wife of George W. Kunze, deceased, were payable to bearer and transferable on delivery,

The trial court found that “the…