Houseman-Spitzley Corp. v. American State Bank
Michigan Supreme Court
Error to Wayne; Mandell, J. Assumpsit in justice’s court by Houseman-Spitzley Corporation against the American State Bank and another for money had and received. There was judgment for defendants, and plaintiff appealed to the circuit court. Judgment for defendants on a directed verdict. Plaintiff brings error.
1Opinion of the CourtStone, J.
This case grew out of certain fraudulent transactions of one Stephen I. Kux as hereinafter stated. Kux was, in June, 1917, in the employ of the plaintiff as its west side salesman. About the 19th of that month he came to B. C. Spitzley, president of the plaintiff corporation, with a proposition that he join the plaintiff in the purchase of certain property located on the west side of the city of Detroit. He represented that a considerable profit could be made by taking an option upon the property and reselling it at an advance price, before the option should expire. He stated that because of…
2Cases cited11 opinions
- Hardy v. Chesapeake BankCourt of Appeals of Maryland · 1879
- Janin v. London & San Francisco BankCalifornia Supreme Court · 1891
- McNeely Co. v. Bank of North AmericaSupreme Court of Pennsylvania · 1908
- Harmon v. Old Detroit National BankMichigan Supreme Court · 1908
- Murphy v. Metropolitan National BankMassachusetts Supreme Judicial Court · 1906
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3Cited by10 opinions
- National Surety Co. v. President & Directors of the Manhattan Co.New York Court of Appeals · 1929
- New York Casualty Co. v. SazenskiSupreme Court of Minnesota · 1953
- Hensley-Johnson v. Citizens Nat. Bank of BellflowerCalifornia Court of Appeal · 1953
- Rosacker v. Commercial State BankSupreme Court of Minnesota · 1934
- Decock v. O'ConnellSupreme Court of Minnesota · 1933
5 more not listed; retrieve them via the Exa API.