Legal Opinion

Hosts, Inc. v. Wells

Indiana Court of Appeals

Decided December 20, 1982No. 3-981A236Published

1Opinion of the Court

443 N.E.2d 319 (1982)

HOSTS, INC., Defendant-Appellant,

v.

Milo WELLS & Pauline Wells, Plaintiffs-Appellees.

No. 3-981A236.

Court of Appeals of Indiana, Third District.

December 20, 1982.

George T. McNaughton, Fremont, for defendant-appellant.

Edgar A. Grimm, Grimm & Grimm, P.C., Auburn, for plaintiffs-appellees.

GARRARD, Judge.

Mr. and Mrs. Wells (creditors) brought suit upon a promissory note executed and delivered to them by Hosts, Inc. (Hosts) in exchange for the transfer of some common stock to a wholly owned subsidiary of Hosts. The note was in the principal amount of $5,000 payable with interest…

Also in this document: Dissent.

2Cases cited29 opinions

  1. Alyeska Pipeline Service Co. v. Wilderness SocietySupreme Court of the United States · 1975
  2. Sprague v. Ticonic National BankSupreme Court of the United States · 1939
  3. Fleischmann Distilling Corp. v. Maier Brewing Co.Supreme Court of the United States · 1967
  4. District of Columbia v. John R. Thompson Co.Supreme Court of the United States · 1953
  5. Brooks v. RobinsonIndiana Supreme Court · 1972

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