Proff v. Maley

This is an action for contribution. Proff, William Maley, and two others, T. F. Donahoe and M. W. Merritt, were stockholders in the Rosalia Supply Company. In 1920, the company had become so financially involved that it could not raise money on its own credit. On November 6th, that year, Proff, Maley, Donahoe, and Merritt executed two promissory notes— one for $1,628.04, the other for $5,068.95 — payable to Whitman County National Bank, which immediately endorsed them over to A. J. Stone. The proceeds of these notes were devoted to the use and benefit of the Rosalia Supply Company. Later on,…