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LAMB v. GENERAL ASSOCIATES, INC.

No. 35918.

60 Wn.2d 623 (1962)

374 P.2d 677

M.L. LAMB, Respondent, v. GENERAL ASSOCIATES, INC. et al., Appellants.

The Supreme Court of Washington, Department One.

September 27, 1962.

Attorney(s) appearing for the Case

Don Sullivan (of Sullivan & Jones), for appellant General Associates, Inc.

Shirley Boyd Williams, for appellant Old American Life Co.

McMannis & Schauble and Donald L. Burcham, for respondent.

ROSELLINI, J.

The plaintiff in this action alleged in his complaint that an agent of the defendants, one Ralph Stachon, had fraudulently procured from him the loan of $10,000 to be used for the financing of the construction of a social center at Kennewick; that defendants' agent represented to the plaintiff that debenture bonds to secure the repayment of the loan would be issued to him bearing interest at the rate of 8 per cent per annum; that the money had not been...

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