McKinney v. Gillmore

This is an appeal from a verdict directed against defendants of $3,460.50 on three promissory notes of $1,000 each, dated May 17,1940.

The facts are as follows: During the year of 1934, Clayton it. McKinney, husband of plaintiff, and his brother, Harry McKinney, started a sanitarium at Centerville, Michigan. The business was incorporated and plaintiff owned $5,000 worth of stock in the corporation. The corporation was dissolved after the execution of the above notes.

In 1940, Dr. Walter H. Gillmore, defendant, becamé interested in the purchase of the sanitarium and, as a result of some…