Taylor v. Hake

Leonard Taylor, Edward Pierson, S. Sugitani and G-. Hongo, called herein the defendants, seek the reversal of a judgment against them and in favor of C. W. Hake, T. N. Willis, Alfred Peterson and W. M. Harmon, called herein the plaintiffs.

The plaintiffs and the defendants were stockholders of the Lafayette Farmers Union Elevator Company, a corporation, called herein the Union Company. That company became indebted to the Mercantile Bank and Trust Company, called herein the bank, upon promissory notes given for money borrowed from the bank to carry on the business of the Union Company. The bank…