Ladue v. Detroit & Milwaukee Railroad
Michigan Supreme Court
Appeal in chancery from Wayne Circuit. The facts, so far as they are necessary to an understanding .of the legal questions involved in the case, will be found stated in the opinion.
1Opinion of the Court
Hhristiancy J.:
The mortgage which the' bill in this case seeks to foreclose, was executed by John Ladue to the complainant and Francis E. Eldred, composing the firm of Ladue & Eldred, on the fourth day of August, 1852, to secure and indemnify the firm against any endorsements which might be made, or liabilities to be incurred by. them as sureties for John Ladue, as well as- for any moneys they might advance for him, according to the condition of a bond to which the mortgage was collateral, and which was of like effect. . There was nothing in the papers or in the arrangement between the…
2Cases cited34 opinions
- Hughes v. EdwardsSupreme Court of the United States · 1824
- McMillan v. RichardsCalifornia Supreme Court · 1858
- Jackson ex dem. Norton v. WillardNew York Supreme Court · 1809
- Wilson v. TroupCourt for the Trial of Impeachments and Correction of Errors · 1823
- Gardner v. HearttNew York Supreme Court · 1846
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