In Re Kennison Sales & Eng. Co.

363 Mich. 612 (1961)

110 N.W.2d 579

In re KENNISON SALES & ENGINEERING COMPANY, INCORPORATED.

BROWNING

v.

NATIONAL BANK OF DETROIT.

Docket No. 37, Calendar No. 48,792.

Supreme Court of Michigan.

Decided September 21, 1961.

A. Albert Sugar, for plaintiff receiver.

Ernest C. Wunsch and Robert B. Aikens, for defendant bank.

KAVANAGH, J.

In March, 1956, Everett B. Kennison and his wife Pauline were murdered while on a vacation trip in Mexico. Mr. Kennison, at the time of his death, was president of the Kennison Sales & Engineering Company, Incorporated. He owned 1% of the stock of the corporation and his…