Tuller v. Detroit Trust Co.

Formerly the Tuller Hotel Company, a Michigan corporation, owned and. operated the Tuller hotel in Detroit. Mr. Lew W. Tuller was president of' the corporation. The plaintiff Mrs. Narcissa Tuller is his wife. With the exception of qualifying shares held by other corporate officers, Mr. Tuller owned all the stock in the Tuller Hotel Company. In 1926 Mr. Tuller negotiated a mortgage loan of $3,500,000 on the Tuller hotel property. A trust mortgage was given wherein the defendant Detroit Trust Company was named as trustee, and bonds to the amount of the mortgage were issued and sold. Incident to…