Legal Opinion

Detroit Gray Iron & Steel Foundries, Inc. v. Martin

Michigan Supreme Court

Decided January 9, 1961No. Docket 5, Calendar 48,492PublishedCited by 14 opinions

1Opinion of the Court

*207Kelly, J.

Plaintiff was engaged in the manufacturing of gray iron castings for the automotive industry, and on February 6, 1929, certain of plaintiff’s officers and directors formed the Detroit Alloy Steel Company to manufacture steel castings. The Detroit Alloy Steel Company leased a portion of plaintiff’s premises at a monthly rental of $500.

In 1942 plaintiff sought a loan from the Deconstruction Finance Corporation and was informed, as a condition to obtaining the loan, plaintiff would have to acquire the assets of the Detroit Alloy Steel Company. Plaintiff complied by acquiring' all of the…

2Cases cited7 opinions

  1. De Haan v. WinterMichigan Supreme Court · 1932
  2. People v. TenerowiczMichigan Supreme Court · 1934
  3. International Union United Automobile Workers v. WoodMichigan Supreme Court · 1953
  4. Draws v. LevinMichigan Supreme Court · 1952
  5. MacGriff v. Van AntwerpMichigan Supreme Court · 1950

2 more not listed; retrieve them via the Exa API.

3Cited by14 opinions

  1. Nathan v. RowanCourt of Appeals for the Sixth Circuit · 1981
  2. Estate of Detwiler v. OffenbecherDistrict Court, S.D. New York · 1989
  3. Catherine Wilson Nolen, on Behalf of Herself and All Other Stockholders of the Shaw-Walker Company v. The Shaw-Walker CompanyCourt of Appeals for the Sixth Circuit · 1971
  4. Estes v. Idea Engineering & Fabricating, IncMichigan Court of Appeals · 2002
  5. Miller v. Magline, Inc.Michigan Court of Appeals · 1977

9 more not listed; retrieve them via the Exa API.

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