Waterproof Paper & Board Co. v. Van Buren

A careful review of the testimony leads to the conclusion that the evidence submitted is conclusive on the question of the agency of Dow. The defendant was president of the corporation, .was its majority stockholder, was himself a creditor, and was personally anxious that the affairs of the corporation be composed. The plaintiff had begun an action in garnishment against the corporation before it became insolvent, and had released the garnishee’ *644proceedings on the strength of the defendant having personally indorsed the corporation’s note for the amount due to the plaintiff. It thereby had…