Legal Opinion

Aiton v. Slater

Michigan Supreme Court

Decided June 30, 1941No. Docket No. 62, Calendar No. 41,524PublishedCited by 7 opinions

1Opinion of the CourtNorth, J.

The Standard Gravel Company, a Michigan corporation, in December, 1928, issued bonds in the amount of $75,000 bearing interest at the rate of 6% per cent, annually which were secured by a trust mortgage. Plaintiff herein became possessed of one of these bonds in the amount of $1,000, designated as No. M-33. There was attached to this bond a guaranty agreement executed by the “Slater Construction Company, By O. A. Slater, Pres.” The Slater Construction Company was a copartnership composed of the defendants herein. The guaranty agreement in part provided: “The Slater Construction Company does…

2Cases cited12 opinions

  1. Guardian Depositors Corp. v. BrownMichigan Supreme Court · 1939
  2. McGowan v. Wells' TrusteeCourt of Appeals of Kentucky · 1919
  3. Roberts v. HawkinsMichigan Supreme Court · 1888
  4. Hutchings v. Securities Exchange Corp.Michigan Supreme Court · 1939
  5. Waldron v. HarringMichigan Supreme Court · 1874

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3Cited by7 opinions

  1. Vidimos, Inc. v. Laser Lab Ltd., and Wysong Laser Co., Inc., and Wysong & Miles Co.Court of Appeals for the Seventh Circuit · 1996
  2. Diversified Financial Systems, Inc v. SchanhalsMichigan Court of Appeals · 1994
  3. Residential Funding Co. v. SaurmanMichigan Court of Appeals · 2011
  4. In re KaidUnited States Bankruptcy Court, E.D. Michigan · 2012
  5. ArcelorMittal Plate LLC v. Lapeer Industries, Inc.District Court, E.D. Michigan · 2021

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