Legal Opinion
Maine Sugar Industries, Inc. v. Maine Industrial Building Authority
Supreme Judicial Court of Maine
Decided March 31, 1970PublishedCited by 18 opinions
1Opinion of the Court
WEBBER, Justice.
This was a complaint for declaratory judgment and injunctive relief reported upon agreed facts.
The two plaintiffs are corporations doing business in Maine. Both have substantial loans guaranteed by defendant Maine Industrial Building Authority, a body corporate and politic created by Act of the Legislature with power to sue and be sued. 10 M.R.S.A., Secs. 701 to 703 inc., Secs. 751 to 754 inc., Secs. 801 to 809 inc., and Secs. 851 and 852, all as amended.
Sec. 753 as amended by P.L.1968, Ch. 525, Sec. 8 provides:
“The Maine Industrial Building Authority is authorized to insure…
2Cases cited16 opinions
- Home Building & Loan Assn. v. BlaisdellSupreme Court of the United States · 1934
- Watkins v. United StatesSupreme Court of the United States · 1957
- McGrain v. DaughertySupreme Court of the United States · 1927
- City of El Paso v. SimmonsSupreme Court of the United States · 1965
- Acme Finance Co. v. HuseWashington Supreme Court · 1937
11 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Shapiro Bros. Shoe Co. v. Lewiston-Auburn Shoeworkers Protective Ass'nSupreme Judicial Court of Maine · 1974
- King Resources Co. v. Environmental Improvement CommissionSupreme Judicial Court of Maine · 1970
- Berry v. DaigleSupreme Judicial Court of Maine · 1974
- National Hearing Aid Centers, Inc. v. SmithSupreme Judicial Court of Maine · 1977
- Wagner v. Secretary of StateSupreme Judicial Court of Maine · 1995
13 more not listed; retrieve them via the Exa API.