Legal Opinion
Stratton v. Wright Manufacturing Co.
Ohio Court of Appeals
Decided April 17, 1933No. 4346PublishedCited by 1 opinion
1Opinion of the Court
*660OPINION
By HAMILTON, PJ.
The claim that there was no legal corporate authority for the execution of the contract and mortgage is based on the. proposition that the contract and mortgage was signed by T. B. Wright, President, without proper authority from..the Directors or Stockholders.
It appears prior to September 1931, the, Wright. Mfg. Company was in financial difficulties and was seeking refinancing. Mi*. Wright took the matter up with The Dayton Handle and Golf Company and through negotiations, the contract above recited was entered into. For this purpose ..the records of the company…
2Cases cited2 opinions
- Bigne v. DavidOregon Supreme Court · 1889
- Youghiogheny & Ohio Coal Co. v. Erie Ry. Co.Cuyahoga Circuit Court · 1902