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MICHIGAN TRUST CO. v. PIERSON-HOLLOWELL LUMBER CO.

No. 5083.

30 F.2d 390 (1929)

MICHIGAN TRUST CO. v. PIERSON-HOLLOWELL LUMBER CO.

Circuit Court of Appeals, Sixth Circuit.

January 18, 1929.

Attorney(s) appearing for the Case

John M. Dunham, of Grand Rapids, Mich. (Dunham & Cholette, of Grand Rapids, Mich., on the brief), for appellant.

Alan W. Boyd and Hubert Hickam, both of Indianapolis, Ind. (Noel, Hickam, Boyd & Armstrong, of Indianapolis, Ind., and Knappen, Uhl & Bryant, and Winter N. Snow, all of Grand Rapids, Mich., on the brief), for appellee.

Before DENISON, MOORMAN, and HICKS, Circuit Judges.

MOORMAN, Circuit Judge.

Appellee sold a car of lumber to the Cabinet Makers' Guild. Arthur H. Konkle, a lumber broker and a director of the Guild, acted for appellee in making the sale. The Guild could not pay the bill when due. It was in need of money to continue its business, and especially to finish a certain cutting of furniture then in process. Konkle agreed to advance to it $6,500, if given security therefor, and also for the claim of appellee. The security...

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