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AKAMINE & SONS v. HAWAII NAT. BANK, HONOLULU

No. 5129.

503 P.2d 424 (1972)

AKAMINE & SONS, LTD., a Hawaii Corporation, Petitioner, v. HAWAII NATIONAL BANK, HONOLULU, Petitioner-Intervenor-Appellant, v. AMERICAN SECURITY BANK, Respondent-Appellee.

Supreme Court of Hawaii.

Rehearing Denied January 18, 1973.

Attorney(s) appearing for the Case

Arthur B. Reinwald, Honolulu (Anthony, Hoddick, Reinwald & O'Connor, Honolulu, of counsel), for petitioner-intervenor-appellant.

Walter G. Chuck and Rodney M. Fujiyama, Honolulu (Chuck & Fujiyama, Honolulu, of counsel), for respondent-appellee.

Before RICHARDSON, C.J., ABE, LEVINSON and KOBAYASHI, JJ., and Circuit Judge M. DOI in place of MARUMOTO, J., disqualified.

ABE, Justice.

This case has come before this court on two prior occasions.1 It involves competing claims of the Hawaii National Bank and the American Security Bank for the proceeds of a mortgage foreclosure sale. At issue here are the trial court's ruling that American Security Bank had standing to contest the amount awarded Hawaii National Bank, its holding that only $24,296.27 was due Hawaii...

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