MUNSON, J.
Hudson Bay Company (hereinafter Company) appeals from a decree foreclosing a real property mortgage. The trial court found Pacific National Bank of Washington (hereinafter Bank) to be a holder of a prior recorded mortgage and entitled to a lien preference over the equitable interest claimed by the Company.
The Bank, over a period of years, had granted loans to an individual and his corporation to assist in financing a mink breeding and pelting business...
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