Loud v. Solomon
Michigan Supreme Court
Error to Iosco; Connine, J. Assumpsit by H. Kimball Loud against Selig Solomon and another. Judgment for defendants. Plaintiff brings error.
1Opinion of the CourtKuhn, J.
This action is brought to recover on two promissory notes, given in part payment for stock in a corporation known as the El Cajon Portland Cement Company. This company was organized in May, 1903, by the plaintiff and 15 others, with a capital stock of $500,000, divided into 50,000 shares, of a par value of $10 each. Each incorporator subscribed for 100 shares, and four of them, including the plaintiff and one Rogers, subscribed for the balance as trustees. The plaintiff and Rogers transferred to the company land owned by Rogers, which had been deeded to the Alpena County Savings Bank to…
2Cases cited8 opinions
- Brown v. StateCourt of Appeals of Maryland · 1890
- J. B. Millet Co. v. AndrewsMichigan Supreme Court · 1913
- Anderson Transfer Co. v. FullerIllinois Supreme Court · 1898
- People v. MoanCalifornia Supreme Court · 1884
- Fowler v. Town of Strawberry HillSupreme Court of Iowa · 1888
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3Cited by1 opinion
- Parkdale Homes, Inc. v. Township of ClintonMichigan Court of Appeals · 1970