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REED v. STREIB

No. 37381.

65 Wn.2d 700 (1965)

399 P.2d 338

E.T. REED, Respondent, v. FREDERICK STREIB et al., Defendants, KENNETH DAVIS et al., Appellants, WILLARD HATCH, Respondent.

The Supreme Court of Washington, Department One.

February 18, 1965.

Attorney(s) appearing for the Case

Gavin, Robinson, Kendrick & Redmond, Oscar A. Zabel, and Kenneth Davis, for appellants.

Melville Oseran (of Robbins, Oseran & Robbins), for respondent Reed.

W.C. Anderson (of Jones, Grey, Kehoe, Hooper & Olsen), for respondent Reed's assignee.

Robert B. Leslie (of Croson, Johnson & Wheelon), for respondent Hatch.

HUNTER, J.

This appeal primarily involves a suit on a promissory note. On July 7, 1961, Kenneth Davis and Frederick Streib, and their wives, defendants, who hereafter will be referred to as Davis and Streib, respectively, executed as makers a $25,000 promissory note payable to plaintiff E.T. Reed. It was to mature July 7, 1963, with interest due quarterly at the rate of 6 per cent per annum. By terms of a written agreement entered into between Davis, Streib and Reed...

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