Krebs v. Blatz
Court of Appeals of Kentucky
CASE 61. — ACTION BY M. A. BLATZ AGAINST ANDREW KREBS. — Appeal from Jefferson Circuit Court (Chancery Branch, Second Division). Judgment for plaintiff, defendant appeals. — THE CONCLUSION.
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CASE 61. — ACTION BY M. A. BLATZ AGAINST ANDREW KREBS. — Appeal from Jefferson Circuit Court (Chancery Branch, Second Division). Judgment for plaintiff, defendant appeals. — THE CONCLUSION. The appellant comes to this Court and seeks a reversal on the following showing: 1. The admission is appellee’s pleading which should have resulted in the dismissal of the petition rather than a hostile judgment for nearly $15,000.00. 2. Evidence of the most, satisfactory and sufficient sort to sustain the plea of payment, as admitted by the appellee. 3. Such payments applied by the lower Court to a…
1Opinion of the Court
Opinion op the court by
Judge Hobson
— Affirming.
In the year 1893 Andrew Krebs and M. A. Blatz were the only stockholders of the Blatz-Krebs Stone Company -which had a paid up capital stock of $80,-'000. About the middle of March of this year, Krebs proposed to Blatz to buy him out. The propositionwas accepted. The amount coming to Blatz under the proposition was $51,246.35. Krebs paid $1,000 of this by check and delivered to Blatz interest-bearing certificates of deposit, which he held against the Louisville Deposit Bank amounting to $19,226.17; also, a note for $1,000 on Thornton and Johnson.…
2Cases cited3 opinions
- Harrow v. DuganCourt of Appeals of Kentucky · 1838
- Kalfus v. WattsCourt of Appeals of Kentucky · 1814
- Carson v. LucasCourt of Appeals of Kentucky · 1852
3Cited by3 opinions
- Gould v. Bank of IndependenceCourt of Appeals of Kentucky (pre-1976) · 1936
- Commonwealth v. Alford'sCourt of Appeals of Kentucky · 1920
- Wells v. Citizens Bank of AlbanyCourt of Appeals of Kentucky (pre-1976) · 1936