Martin v. Adams Brick Co.
Indiana Supreme Court
From Montgomery Circuit Court; Jere West, Judge. Action by John W. Martin and others against The Adams Brick Company. Prom a judgment denying part of the relief sought, the plaintiffs appeal.
1Opinion of the CourtMorris, J.
In November, 1902, the Veedersburg Clay Company, a corporation, owned certain real estate in Fountain County, on which was situated its manufacturing plant. It borrowed $30,000, and executed bonds therefor, secured by a mortgage on all its property. In May, 1905, it executed to appellants a second mortgage on the same property to secure notes given for valid indebtedness, in the aggregate amount of $38,000. In December, 1906, Clinton B. Marshall brought suit in the Marion Superior Court, against the company, on an unsecured claim for $500, and, on his petition, after appearance and consent of…
2Cases cited7 opinions
- Hosford v. JohnsonIndiana Supreme Court · 1881
- Catterlin v. ArmstrongIndiana Supreme Court · 1885
- Gaskell v. ViquesneyIndiana Supreme Court · 1890
- Spurgin v. AdamsonSupreme Court of Iowa · 1883
- Deming-Colborn Lumber Co. v. Union National Savings & Loan Ass'nIndiana Supreme Court · 1898
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3Cited by3 opinions
- Oldham v. NobleIndiana Court of Appeals · 1946
- Bury v. BuryMontana Supreme Court · 1924
- Citizens State Bank of New Castle v. Countrywide Home Loans, Inc.Indiana Court of Appeals · 2010