Legal Opinion
United States v. Orville Leslie, Dora Leslie, Orville L. Leslie, Jr., Benjamin T. Leslie and Otto L. Leslie
Court of Appeals for the Sixth Circuit
Decided February 17, 1970No. 19597_1PublishedCited by 7 opinions
1Opinion of the Court
WEICK, Circuit Judge.
Appellants, Leslies, were unconditional guarantors of payment of a negotiable promissory note in the amount of $80,-000, which was executed and delivered by Leslie Motors, Inc., a family-owned corporation, to Oscoda State Savings Bank of Oscoda, Michigan (Bank), and upon default it was endorsed by Bank to Small Business Administration (SBA), an agency of the Government.
Orville Leslie (now deceased) and Dora Leslie, were husband and wife, and the remaining defendants were their sons.
On December 11, 1959, Bank loaned $80,000 to Leslie Motors, Inc. SBA acted as underwriter…
2Cases cited5 opinions
- Guaranty Trust Co. v. United StatesSupreme Court of the United States · 1938
- United States v. John Hancock Mutual Life InsuranceSupreme Court of the United States · 1960
- Lee v. ClaryMichigan Supreme Court · 1878
- Krekel v. ThomasmaMichigan Supreme Court · 1931
- United States v. Glendale Nursing Home. Lawrence J. Peterson, T/a Peterson Construction Company, Judgment CreditorCourt of Appeals for the Third Circuit · 1966
3Cited by7 opinions
- Mazur v. YoungCourt of Appeals for the Sixth Circuit · 2007
- In re KaidUnited States Bankruptcy Court, E.D. Michigan · 2012
- Basim Haddad v. Randall S. Miller Assoc, PCCourt of Appeals for the Sixth Circuit · 2014
- Church & Church, Inc. v. A-1 CARPENTRYMichigan Court of Appeals · 2008
- Mazur v. YoungCourt of Appeals for the Sixth Circuit · 2007
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