Legal Opinion

Anderson Carriage Co. v. Pungs

Michigan Supreme Court

Decided July 10, 1901PublishedCited by 6 opinions

Submitted April 17, .1901. Assumpsit by the Anderson Carriage Company against William A. Pungs for goods sold and delivered. From a judgment for plaintiff, defendant brings error.

1Opinion of the CourtHooker, J.

The plaintiff’s claim, for which this action was brought, is not denied. The questions before us relate to two items of set-off. The defendant was a large stockholder and director in the plaintiff company, its name then being the Pungs-Anderson Manufacturing Company. He was also treasurer and general manager, being elected on September 27, 1898. His salary was fixed at $5,000 per year, $416.66 being payable on the 1st day of each month. Mr. Anderson was also a stockholder, and, dissensions having arisen between them, Pungs gave Anderson an option in writing, as follows:

“ In consideration of…

2Cases cited3 opinions

  1. Loranger v. DavidsonMichigan Supreme Court · 1896
  2. Fowler v. HylandMichigan Supreme Court · 1882
  3. Frohlich v. GraulichMichigan Supreme Court · 1897

3Cited by6 opinions

  1. Waldschmit v. City of New BraunfelsCourt of Appeals of Texas · 1917
  2. Skutt v. Kent Circuit JudgeMichigan Supreme Court · 1904
  3. Texlite, Inc. v. WineburghCourt of Appeals of Texas · 1963
  4. Anderson Carriage Co. v. PungsMichigan Supreme Court · 1903
  5. Otsego Paper Stock Co. v. BrownMichigan Supreme Court · 1925

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