Legal Opinion

Marshall & Ilsley Bank v. United Bank of Madison

Wisconsin Supreme Court

Decided April 10, 1975No. 494PublishedCited by 7 opinions

1Opinion of the CourtConnor T. Hansen, J.

During his lifetime, Percy W. Palmer founded eight Wisconsin corporations, all generally engaged in the construction or construction-material business. In 1960, one of these companies, Prestressed Concrete Products Corp. (Prestressed) borrowed money from M & I. M & I required a guaranty from Percy W. Palmer and other members of the family to support this loan.

Also on May 2, 1968, Percy W. Palmer, Robert W. Palmer, Ray F. Palmer, Helen L. Palmer and John M. Palmer, signed a guaranty to M & I for past and future loans to Prestressed and to Hartland-Verona Gravel Company (Hartland-Verona), one…

2Cases cited3 opinions

  1. Simenstad v. HagenWisconsin Supreme Court · 1964
  2. New York Life Insurance v. Estate of LathersWisconsin Supreme Court · 1934
  3. Estate of MorganWisconsin Supreme Court · 1913

3Cited by7 opinions

  1. William B. Tanner Co. v. Estate of FesslerWisconsin Supreme Court · 1981
  2. Landwehr v. Citizens Trust Co.Wisconsin Supreme Court · 1983
  3. In Matter of Estate of LecicWisconsin Supreme Court · 1981
  4. Miller v. CommissionerUnited States Tax Court · 1981
  5. Marshall & Ilsley Bank v. PalmerWisconsin Supreme Court · 1975

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