Marks v. Muir

In September, 1925, the principal defendant, J. Keith Muir, of Orlando, Florida, interested a number of Grand Rapids men, including Glendon A. Richards, Charles J. Kindel, father of the garnishee defendant, and others, in a syndicate for which Muir was to act as trustee for the purpose of investing in Florida real estate, with the agreement that said Muir was to receive 25 per cent, of the profits and the other syndicate members were to receive the other 75 per cent, in proportion to their holdings, and the syndicate members agreed with Muir to pay any purchase money mortgage or mortgages on…