Michigan Trust Co. v. Lansing Lumber Co.
Michigan Supreme Court
Appeal from Ingham. (Person, J.) Bill for the appointment of a receiver. Defendants appeal. The facts are stated in the opinion.
1Opinion of the CourtMontgomery, J.
The defendant the Lansing' Lumber ■Company, being largely indebted to various creditors, and having incurred obligations to a large amount upon which the defendant Orlando M. Barnes was indorser, on the 17th •of April, 1893, executed to said Orlando M. Barnes real estate and chattel mortgages covering substantially its entire property, to indemnify him and save him harmless from loss on account of his suretyship. Following upon this, a meeting of creditors of the Lansing Lumber Company was held, and a committee appointed to investigate the affairs of the company, which committee reported that…
2Cases cited4 opinions
- Rice v. St. Paul & Pacific RailroadSupreme Court of Minnesota · 1878
- Sacramento & Placerville Railroad v. Superior Court of San FranciscoCalifornia Supreme Court · 1880
- Shepley v. Atlantic & St. Lawrence R. R.Supreme Judicial Court of Maine · 1867
- Beecher v. Marquette & Pacific Rolling Mill Co.Michigan Supreme Court · 1879
3Cited by17 opinions
- Nusbaum v. ShaperoMichigan Supreme Court · 1930
- Moncrieff v. HareSupreme Court of Colorado · 1906
- Kerschensteiner v. Northern Michigan Land Co.Michigan Supreme Court · 1928
- Union Trust Co. v. Charlotte General Electric Co.Michigan Supreme Court · 1908
- Massachusetts Mutual Life Ins. v. SuttonMichigan Supreme Court · 1936
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