Legal Opinion
Schollmeyer v. Saxowsky
North Dakota Supreme Court
Decided October 1, 1973No. Civ. 8885PublishedCited by 17 opinions
1Opinion of the Court
PAULSON, Judge.
On December 18, 1965, Charles W. and Angaletta D. Schollmeyer [hereinafter Schollmeyers] purchased a subordinate debenture from Edward Engelhardt, who was a salesman for State Acceptance Corporation-[hereinafter SAC]. The Schollmeyers were not aware of the fact that the debenture they purchased was subordinate or that it contained a no-recourse clause until they received the actual debenture a few days after the purchase.
The facsimile signature affixed to the debenture was that of Gilbert Saxowsky [hereinafter Saxowsky], the president and a director of SAC.
At the time of the…
2Cases cited9 opinions
- Grenz v. WerreNorth Dakota Supreme Court · 1964
- Adams v. Little Missouri Minerals AssociationNorth Dakota Supreme Court · 1966
- Weidner v. EngelhartNorth Dakota Supreme Court · 1970
- Kack v. KackNorth Dakota Supreme Court · 1966
- Linington v. McLean CountyNorth Dakota Supreme Court · 1968
4 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Narum v. Faxx Foods, Inc.North Dakota Supreme Court · 1999
- Jahner v. JacobNorth Dakota Supreme Court · 1975
- Minch v. City of FargoNorth Dakota Supreme Court · 1980
- Matter of Estates of KjorvestadNorth Dakota Supreme Court · 1980
- Schan v. Howard Sober, Inc.North Dakota Supreme Court · 1974
12 more not listed; retrieve them via the Exa API.