Legal Opinion
Michigan Bank, National Ass'n v. William J. Kahlich, Inc.
Michigan Court of Appeals
Decided April 29, 1970No. Docket 7,572PublishedCited by 6 opinions
1Opinion of the CourtLevin, J.
The question presented in this action by a bank against a guarantor of payment of a promissory note is whether the parol evidence rule bars testimony that the bank agreed that it would not honor any check drawn on the borrower’s checking account with the bank unless it was countersigned by the guarantor.
The bank commenced this action on a $12,000 promissory note signed by one of the defendants, William J. Kahlich, Inc., the borrower. Also named as defendants were Craig Holland and William J. Kahlich who signed a separate written guaranty of payment. The bank obtained a judgment against the…
2Cases cited26 opinions
- Beatty v. . Guggenheim Exploration Co.New York Court of Appeals · 1919
- Stephenson v. GoldenMichigan Supreme Court · 1937
- Kent v. KleinMichigan Supreme Court · 1958
- McCreary v. ShieldsMichigan Supreme Court · 1952
- Brady v. Central Excavators, Inc.Michigan Supreme Court · 1947
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3Cited by6 opinions
- Van Pembrook v. Zero Manufacturing Co.Michigan Court of Appeals · 1985
- Robbins v. Comerica Bank-Detroit (In Re Zwagerman)United States Bankruptcy Court, W.D. Michigan · 1990
- In Re Bluestone EstateMichigan Court of Appeals · 1982
- Bluestone v. General Electric Credit Corp. of TennesseeMichigan Court of Appeals · 1982
- Wheelmakers, Inc v. City of FlintMichigan Court of Appeals · 1973
1 more not listed; retrieve them via the Exa API.