Legal Opinion

American Employers Insurance v. Maynard

Michigan Supreme Court

Decided September 4, 1929No. Docket Nos. 49 and 50, Calendar Nos. 33,861 and 33,845PublishedCited by 8 opinions

1Opinion of the CourtMcDonald, J.

Separate bills were filed by the American Employers Insurance Company and the township of Brady, Saginaw county, Michigan, to impress a trust on certain funds belonging to the estate of James R. Sackett, deceased. The causes were heard together and will be disposed of in one opinion.

James R. Sackett owned and conducted a private bank in the village of Oakley, Brady township, Saginaw county. In April, 1924, he was elected treasurer of the township. The American Employers Insurance Company became surety on his bonds. As he received the tax money, he did not place it in a separate fund but…

2Cases cited3 opinions

  1. Board of Fire & Water Commissioners v. WilkinsonMichigan Supreme Court · 1899
  2. Sherwood v. Central Michigan Savings BankMichigan Supreme Court · 1894
  3. Brady v. American Nat. Bank of Oklahoma CitySupreme Court of Oklahoma · 1926

3Cited by8 opinions

  1. Reichert v. United Savings BankMichigan Supreme Court · 1931
  2. Rottger, Rec. v. First-Merchants Natl. BankIndiana Court of Appeals · 1933
  3. Lovett v. Homrich Inc. (In Re Philip Services Corp.)United States Bankruptcy Court, S.D. Texas · 2006
  4. Reichert v. Fidelity Bank & Trust Co.Michigan Supreme Court · 1932
  5. Distral Energy Corp. v. Michigan Boiler & Engineering Co. (In Re Michigan Boiler & Engineering Co.)United States Bankruptcy Court, E.D. Michigan · 1993

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