Legal Opinion
Brown v. Goldsmith
Supreme Court of Oklahoma
Decided January 23, 1968No. 41656PublishedCited by 7 opinions
1Opinion of the Court
HODGES, Justice.
This appeal involves an actióh for declaratory judgment seeking an adjudication oh the proportion of contribution‘between co-guarantors.
On May 1, 1964, a certificate of incorporation was issued to the R & R Commission Company, Inc. The plaintiffs each own a one-fourth of the outstanding and authoriz ed shares of the corporation, and the remaining’ one-half stock is owned by the defendant.
On May 15, 1964, the plaintiffs and the defendant executed a Loan Guaranty Agreement to the Oklahoma National Bank of Duncan. This agreement was a continuing guarantee to the hank for the…
2Cases cited5 opinions
- Lorimer v. Julius Knack Coal Co.Michigan Supreme Court · 1929
- Maresh v. JenningsCourt of Appeals of Texas · 1931
- Greene v. AndersonCourt of Appeals of Kentucky · 1897
- Wilson v. CrutcherSupreme Court of Oklahoma · 1936
- Reel v. CombesOhio Court of Appeals · 1927
3Cited by7 opinions
- Barnett v. BarnettSupreme Court of Oklahoma · 1996
- Estate of Bayliss Ex Rel. Bowles v. LeeWest Virginia Supreme Court · 1984
- Green Leaves Restaurant, Inc. v. 617 H Street AssociatesDistrict of Columbia Court of Appeals · 2009
- Warren v. HunterSupreme Court of Oklahoma · 1981
- Brill v. SwansonCourt of Appeals of Washington · 1984
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