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TAYLOR SUPPLY CO. v. SAGINAW HARDWARE CO.

Docket No. 81, Calendar No. 49,150.

365 Mich. 576 (1962)

113 N.W.2d 872

TAYLOR SUPPLY COMPANY v. SAGINAW HARDWARE COMPANY.

Supreme Court of Michigan.

Decided March 16, 1962.

Attorney(s) appearing for the Case

Kramer, Morris, Stark, Rowland & Regan, for plaintiff.

Colombo, Colombo, Colombo & Vermeulen, for defendant Saginaw Hardware Company.

CARR, J.

Plaintiff corporation was organized in 1910 by Harry W. Taylor and James P. Feely, Jr. Since that time it has been engaged in dealing in various articles and supplies, in the lower peninsula of Michigan, in accordance with its purposes as set forth in the articles of incorporation, which purposes are as follows:

"To purchase, lease or otherwise acquire lands and buildings for the erection and operation of...

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