Gilbert v. A. A. Clark & Co.
Supreme Court of Iowa
Appeal from Potbaioattamie Distriot Court. — Si-ielby Cullison, Judge. Suit in equity for an accounting. The facts appear in the opinion. Decree as pr-ayed. Defendant appeals. — Affirmed.
1Opinion of the CourtStevens, J.
The controversy involved in this case is the result of a series of transactions between the parties. The defendant A. A. Clark did business in the name of A. A. Clark & Company.
In December, 1909, plaintiff borrowed $600 of the defendant, executing a note in the sum of $600, with interest at the rate of 8 per cent. This money was used in making the initial payment upon the purchase price of certain hotel *905property in.-Lake View, Iowa, which, included the hotel furniture. The purchase price of the hotel was $1,600, and it was purchased on contract. To secure the payment of the $600 note,…
2Cases cited5 opinions
- Fort v. ColbySupreme Court of Iowa · 1913
- Smith, Twogood & Co. v. Coopers & ClarkeSupreme Court of Iowa · 1859
- Cotton v. BeattyCourt of Appeals of Texas · 1913
- Leipziger v. Van SaunNew Jersey Court of Chancery · 1902
- Hyland v. Phœnix Loan Ass'nSupreme Court of Iowa · 1902
3Cited by2 opinions
- Gladwin State Bank v. DowMichigan Supreme Court · 1920
- Tansil v. McCumberSupreme Court of Iowa · 1925