McAllister v. Michigamme Oil Co.

Plaintiffs, copartners, trading as Wil liam McAllister & Son, at the village of Saline, agreed to sell to defendant Michigamme Oil Company personal property, viz., a small building on leased land, gasoline tank and pump, and some other articles, for $800, to be paid $200 down in cash, remainder in six notes of $100 each to come due monthly with interest. Defendant Cox is president of the defendant company. He agreed for it that the notes would be “bankable,” or “cash notes” “six money notes that would bring the money without any trouble” as plaintiff William McAllister says. A bill of sale…