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DONNYBROOK BLDG. SUP. v. ALASKA NAT. BK.

No. S-1385.

736 P.2d 1147 (1987)

DONNYBROOK BUILDING SUPPLY CO., INC., Appellant, v. ALASKA NATIONAL BANK OF THE NORTH, a National Banking Association, Appellee.

Supreme Court of Alaska.

May 15, 1987.

Attorney(s) appearing for the Case

Peter J. Aschenbrenner, Aschenbrenner & Brooks, Fairbanks, for appellant.

Winston S. Burbank and Constance A. Cates, Call, Barrett & Burbank, Fairbanks, for appellee.

Before RABINOWITZ, C.J., and BURKE, MATTHEWS, COMPTON and MOORE, JJ.

OPINION

MOORE, Justice.

This case involves a dispute between a construction lender and a material supplier under Alaska's stop-payment notice statute, AS 34.35.062, as it read in 1985.1

Donnybrook Building Supply, Inc., (Donnybrook) provided $46,000 worth of building supplies on credit to a contractor for two houses financed by Alaska National Bank of the North (ANB). Donnybrook, asserting that it had not been paid by...

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