Tower v. Detroit Trust Co.
Michigan Supreme Court
Appeal from Wayne; Van Zile, J. Petition by Ray J. Tower against the Detroit Trust Company, receiver of the Chippewa Construction Company, for the cancellation of a certain contract made between petitioner and said construction company, and to dissolve an injunction .restraining petitioner from forfeiting certain contracts with said construction company. From an order denying relief, petitioner appeals.
1Opinion of the CourtBird, J.
Acting for the Chippewa Construction Company, a Michigan corporation, Charles S. Abbott, its vice president, entered into a contract with petitioner on the 1st day of February, 1912, by which the Chippewa Construction Company agreed to purchase from petitioner his milling and electrical plants in the city of Greenville, for the sum of $97,000. One thousand dollars was paid down. Monthly payments were to follow, and the whole sum was to be paid by February 1, 1913, and the Chippewa Construction Company was to have possession of the plants when the monthly payments aggregated $20,000, or when…
2Cases cited2 opinions
- Donnelly v. LyonsMichigan Supreme Court · 1913
- Northern Michigan Building & Loan Ass'n v. ForsMichigan Supreme Court · 1916
3Cited by3 opinions
- Gruskin v. FisherMichigan Court of Appeals · 1976
- Rowe v. William Ford & Co.Michigan Supreme Court · 1932
- Brehm v. RammMichigan Supreme Court · 1927