Bennett v. Haines
Michigan Supreme Court
Appeal from Wayne; Richter (Theodore J.), J. Bill by Frank G. Bennett and another against Fred W. Haines and others to enjoin the forfeiture of a sales contract, and for an accounting. From the decree rendered, plaintiffs appeal.
1Opinion of the CourtSteere, J.
On or about May 25, 1920, plaintiffs bought under contract from defendants George and Ralph Nadel the business, good will, equipment, stock on hand and lease of the Trio Garage, Inc., located at 42 Randolph street, Detroit, at an agreed price of $6,000, paying $2,500 in cash and giving six promissory notes for the balance, five of them for $600 each payable serially on July, August, September, October and November 1, 1920, and one for $500 payable December 1,1920. All were without interest and identical in form, only varying as to amount of the last and times when due. The first as set out in…
2Cases cited6 opinions
- Johnson v. SutherlandMichigan Supreme Court · 1878
- Toledo Scale Co. v. GogoMichigan Supreme Court · 1915
- Wineman v. PhillipsMichigan Supreme Court · 1892
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- Owen & Co. v. KellerMichigan Supreme Court · 1919
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