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SEATTLE-FIRST NAT. BANK v. RANDALL

No. 74-2391.

532 F.2d 1291 (1976)

SEATTLE-FIRST NATIONAL BANK, a National Banking Association, Plaintiff-Appellant, v. Jean Frances RANDALL and Ressie F. Proudfit, Co-Administrators with the Will Annexed of the Estate of Edith B. Sefton, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

March 24, 1976.

Attorney(s) appearing for the Case

L. M. Giovanini (argued), Beaverton, Or., for plaintiff-appellant.

William T. Powers (argued), of Powers & Powers, Portland, Or., for defendants-appellees.

Before BARNES, ELY and WALLACE, Circuit Judges.

OPINION

BARNES, Senior Circuit Judge:

This appeal is brought by plaintiff Seattle-First National Bank against defendants Jean Frances Randall and Ressie F. Proudfit, co-administrators of the estate of Edith B. Sefton, seeking a declaration that Sefton was competent on February 2, 1968, when she pledged 1,434 shares of Northwest Industries stock valued at $100,000 to the bank as collateral to secure loans made by...

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