Legal Opinion

Kelly v. Clements

Michigan Supreme Court

Decided April 8, 1913No. Docket No. 91Published

Error to Wayne; Van Zile, J. Case by Mary E. Kelly against Charles L. Clements for fraud. Judgment for defendant on a directed verdict. Plaintiff brings error.

1Opinion of the CourtBbooke, J.

The Central American Commercial Company of Honduras was incorporated under the laws of the State of Maine on June 8, 1901. The original incorporators were residents of Ohio. One Colonel Pennington of Cincinnati seems to have been the principal promoter of the concern. The object of the corporation was the purchase and development of banana plantations in Central America.

Pennington undertook to interest certain business men of Detroit in the undertaking, and succeeded in selling stock in the concern to the five defendants. Defendant Clements became connected with the company as stockholder,…

2Cases cited6 opinions

  1. Bowen v. LansingMichigan Supreme Court · 1901
  2. Convis v. Citizens' Mutual Fire-InsuranceMichigan Supreme Court · 1901
  3. Getchell v. DusenbubyMichigan Supreme Court · 1906
  4. Massey v. LuceMichigan Supreme Court · 1909
  5. Starkweather v. ChatfieldMichigan Supreme Court · 1907

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