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Banking and Finance Law

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Washington Law Review

Journal

1943

Articles 1 - 2 of 2

Full-Text Articles in Law

Rights Of Beneficiaries Of Government Savings Bonds, Frank Latcham Jul 1943

Rights Of Beneficiaries Of Government Savings Bonds, Frank Latcham

Washington Law Review

In 1939 the Washington Court in Decker v. Fowler virtually eliminated the effect of the beneficiary provision in government savings bonds by holding that beneficiaries named in the bonds have no right to the proceeds on the death of the purchaser unless there has been a valid inter vivos gift of the bond between the purchaser and the beneficiary. The majority of the court apparently failed to recognize that there was a donee beneficiary contract entered into between the purchaser and the government. In two subsequent Washington cases, where the court has found a contract relation in somewhat analogous situations, …


Future Advances On Mortgages In Washington, John B. Krilich Jan 1943

Future Advances On Mortgages In Washington, John B. Krilich

Washington Law Review

When Elnmendorf-Anthony Co. v. Dunn was decided in August, 1941, it completed the law of future advances on mortgages in this jurisdiction. The case dealt with the problem of optional advances by the mortgagee, and the effect of intervening encumbrances upon such advances. Perhaps it will be well to show the fact situation in order to see the problem more clearly.