Legal Opinion
DePolo v. Greig
Michigan Supreme Court
Decided February 18, 1954No. Docket 40, Calendar 45,690PublishedCited by 27 opinions
1Opinion of the CourtButzel, C. J.
Bruno and Katherine DePolo brought suit against William R. Greig to recover the sum of $40,000, the purchase price of 40,000 shares of common stock of the Spline & Gear Machine Company, Inc., a Michigan corporation. The stock had never been validated for sale under the blue sky law, PA 1923, No 220, as amended (CL 1948, § 451.101 et seq. [Stat Ann § 19.741 et seq.]). Defendant was the president and agent of the corporation in making such sale and as such would be jointly and severally liable under the statute, CL 1948, § 451.120 (Stat Ann § 19.760).
Mr. DePolo was associated with a successful…
2Cases cited11 opinions
- Bernhard v. Bank of America National Trust & Saving AssociationCalifornia Supreme Court · 1942
- Bigelow v. Old Dominion Copper Mining & Smelting Co.Supreme Court of the United States · 1912
- Good Health Dairy Products Corp. v. EmeryNew York Court of Appeals · 1937
- Clark v. NaufelMichigan Supreme Court · 1950
- Krolik v. CurryMichigan Supreme Court · 1907
6 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- B. R. DeWitt, Inc. v. HallNew York Court of Appeals · 1967
- Howell v. Vito's Trucking and Excavating Co.Michigan Supreme Court · 1971
- Rdm Holdings, Ltd v. Continental Plastics CoMichigan Court of Appeals · 2008
- Braxton v. LitchalkMichigan Court of Appeals · 1974
- Darin & Armstrong v. Ben Agree Co.Michigan Court of Appeals · 1979
22 more not listed; retrieve them via the Exa API.