Columbia Stamping & Manufacturing Co. v. Reich

The issues are: (1) Was there an oral agreement between Reich and Reinders that the payment of the V & E note by Reich was to be credited toward the stock subscription, and (2) was the V & E note assumed by Columbia and a liability of Columbia ?

On appeal the findings of fact of the trial court must be adopted unless they are against the great weight and clear preponderance of the evidence. The evidence must be viewed from the standpoint most favorable to the findings of the trial court. Guinther v. Schucht (1965), 26 Wis. (2d) 97, 99, 101, 131 N. W. (2d) 861; Klapps v. American Ins. Co.…