Northern National Bank v. Weed
Wisconsin Supreme Court
APPEAL from the Circuit Court for Ashland County. On September 4, 1890, and for some time immediately prior thereto, the firm of A. Weed & Co., composed of the defendants, was hopelessly insolvent.
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APPEAL from the Circuit Court for Ashland County. On September 4, 1890, and for some time immediately prior thereto, the firm of A. Weed & Co., composed of the defendants, was hopelessly insolvent. On that day the defendants executed and delivered to Thomas Bardon and Edwin Ellis instruments to the following effect :• (1) A bill of sale in the ordinary form, with the usual warranty, and reciting a consideration of $25,000, for all the lumber and lath piled upon the docks of the Bay Shore Lumber Company at Ashland, and all the logs belonging to them situated at the boom of said company at'…
1Opinion of the CourtCassoday, J.
It is conceded that at the time of executing the several instruments mentioned in the foregoing statement A. Weed & Co. were not indebted to Bardon and Ellis, or either of them, in any sum whatever; that the ■only connection Bardon and Ellis had with any claim against A. Weed & Co. was that Bardon was president of the Ashland National Bank, and a director in the First National Bank of Ashland, and that Ellis was president of the First National Bank of Ashland, and a director in the Ash-land National Bank and in the Security Savings Bank of Ashland, and that A. Weed & Co. were indebted to said…
2Cases cited5 opinions
- Winner v. HoytWisconsin Supreme Court · 1886
- Fuller & Fuller Co. v. McHenryWisconsin Supreme Court · 1892
- Cribb v. Hibbard, Spencer, Bartlett & Co.Wisconsin Supreme Court · 1890
- Maxwell v. SimontonWisconsin Supreme Court · 1892
- Michelstetter v. WeinerWisconsin Supreme Court · 1892
3Cited by4 opinions
- Duryea v. MuseWisconsin Supreme Court · 1903
- Capital Lumber Co. v. SaundersIdaho Supreme Court · 1914
- Strong v. KalkWisconsin Supreme Court · 1895
- Collins v. CorwithWisconsin Supreme Court · 1896