Patterson v. Collier
Michigan Supreme Court
Error to Oakland; Moore, J. Assumpsit by John W. Patterson and another against Charles F. Collier, George E. Pomeroy, and others, upon a promissory note. From a judgment for all the defendants except George E. Pomeroy, on verdict directed by the court, plaintiffs bring error.
1Opinion of the CourtHooker, J.
The defendants were stockholders in a corporation known as the Holly Vinegar & Preserving *13Company; defendant Pomeroy being president, and defendant Wilson being secretary, of the concern. In June, 1884, this corporation needed some money, and a conference was had by these defendants with one Seeley, who refused to loan it upon the credit of the company, but consented to furnish it upon the paper of the stockholders; and on June 21st these defendants made their joint note, payable to Daniel Seeley or bearer, for $1,000, payable in one year, with interest at 8 per cent., and obtained $1,000,…
2Cases cited1 opinion
- Home Life Insurance v. ElwellMichigan Supreme Court · 1897
3Cited by7 opinions
- Abele v. DietzMassachusetts Supreme Judicial Court · 1942
- Borden v. Fletcher's EstateMichigan Supreme Court · 1902
- Martindell v. BodreroCalifornia Court of Appeal · 1967
- P. Ballantine & Sons v. MackenSupreme Court of New Jersey · 1920
- Guardian Depositors Corp. v. WagnerMichigan Supreme Court · 1938
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