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GALENA TOWING, INC. v. NORTH MILWAUKEE ST. BANK

No. 415.

68 Wis.2d 34 (1975)

227 N. W. 2d 672

GALENA TOWING, INC., Respondent, v. NORTH MILWAUKEE STATE BANK, Appellant.

Supreme Court of Wisconsin.

Decided April 10, 1975.

Attorney(s) appearing for the Case

For the appellant the cause was submitted on the brief of Wilson & Broadnax of Milwaukee; and for the respondent the cause was submitted on the brief of Barnett W. Franks, attorney, and John T. McCann of counsel, both of Milwaukee.

Submitted under sec. (Rule) 251.54 February 5, 1975.

HANLEY, J.

This is an appeal from an order overruling a demurrer. The complaint alleged that the plaintiff made application for a Small Business Administration insured loan, and S.B.A. approval was obtained. A copy of a letter from the defendant bank was attached, stating that the plaintiff "had" an approved loan. The complaint further alleged that based on this...

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