OPINION
KELLEHER, Justice.
This is a receivership proceeding and is before us on the appeal of the Rhode Island Hospital Trust Company from a judgment which in effect held that the bank is an unsecured rather than a secured creditor of the respondent.
The facts are not in dispute. On December 5, 1966, the bank executed an agreement which provides a grant of loans to respondent on a revolving basis. The agreement is some four pages in length. It covers...
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