Guthrie Investments, Inc. v. Stanton
Oregon Supreme Court
1Opinion of the CourtSloan, J.
Both plaintiff and defendant were duped by the fraud of one John M. Niedermeyer. In 1962, Niedermeyer obtained a loan from plaintiff that was secured by a purported sale by Niedermeyer to plaintiff of some hotel and bar room furniture and a lease back of that furniture to Niedermeyer. Unfortunately for defendant, he executed an agreement guaranteeing the performance of the lease. Niedermeyer, in fact, did not own the furniture so the lease security Avas nonexistent. In this action on the guarantee agreement, tried to the court without a jury, plaintiff obtained a judgment. Defendant appeals.
In…
2Cases cited4 opinions
- Adair v. McAteeOregon Supreme Court · 1963
- Union Oil Co. of Calif. v. LullOregon Supreme Court · 1960
- Depot Realty Syndicate v. Enterprise Brewing Co.Oregon Supreme Court · 1917
- Tomihiro v. United Hotel Corp.Oregon Supreme Court · 1933
3Cited by5 opinions
- Biomass One, L.P. v. S-P ConstructionCourt of Appeals of Oregon · 1990
- Siletz Trucking Co. v. Alaska International Trading Co.Court of Appeals for the Ninth Circuit · 1972
- Safe Environment of America, Inc. v. Employers Insurance of WausauDistrict Court, D. Massachusetts · 2003
- Siletz Trucking Co., an Oregon Corporation v. Alaska International Trading Company, an Alaska Corporation, and John L. Bullock, Siletz Trucking Co., an Oregon Corporation v. Alaska International Trading Company, an Alaska Corporation, and John L. BullockCourt of Appeals for the Ninth Circuit · 1972
- Klimek v. Continental InsuranceCourt of Appeals of Oregon · 1985