Legal Opinion

Joe Heaston Tractor & Implement Company, a New Mexico Corporation v. Securities Acceptance Corporation, a Delaware Corporation

Court of Appeals for the Tenth Circuit

Decided May 25, 1957No. 5493_1PublishedCited by 46 opinions

1Opinion of the Court

PICKETT, Circuit Judge.

The appellee, Securities Acceptance Corporation, a Delaware Corporation, hereinafter called “Finance Company”, sued appellant, Joe Heaston Tractor & Implement Company, a New Mexico Corporation, hereinafter called “Guarantor”, upon a contract which guaranteed payments due to the Finance Company from R. L. Claussen, d/b/a Dick Claussen Appliance, hereinafter called the “Debtor”, and recovered judgment in the amount of $38,031.45, plus interest and costs. From this judgment the Guarantor appeals.

The facts are not in dispute. The Guarantor sold an appliance store to the…

2Cases cited7 opinions

  1. Welch v. WalshMassachusetts Supreme Judicial Court · 1901
  2. McMurray v. . NoyesNew York Court of Appeals · 1878
  3. Pavlantos v. GaroufalisCourt of Appeals for the Tenth Circuit · 1937
  4. Johnson v. Charles D. Norton Co.Court of Appeals for the Sixth Circuit · 1908
  5. Sherman, Clay & Co. v. TurnerWashington Supreme Court · 1931

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3Cited by46 opinions

  1. First City Bank, N.A., a National Banking Association v. Air Capitol Aircraft Sales, Inc., a Kansas Corporation, and Gary R. Morgan, an IndividualCourt of Appeals for the First Circuit · 1987
  2. United States v. Duane G. Willis and Mary J. WillisCourt of Appeals for the Sixth Circuit · 1979
  3. American Bank of Commerce v. CovoloNew Mexico Supreme Court · 1975
  4. First National Park Bank v. Snellen M. Johnson and Ven SavageCourt of Appeals for the First Circuit · 1977
  5. McEntire v. Indiana National BankIndiana Court of Appeals · 1984

41 more not listed; retrieve them via the Exa API.

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