TAYLOR v. PROSSER

Docket No. 3,972.

16 Mich. App. 164 (1969)

167 N.W.2d 838

TAYLOR v. PROSSER

Michigan Court of Appeals.

Leave to appeal denied July 1, 1969.


Attorney(s) appearing for the Case

Eli Friedman, for plaintiff.

Prosser, Cowell & Renner, for defendants.

BEFORE: LESINSKI, C.J., and J.H. GILLIS and T.M. Burns, JJ.


Leave to appeal denied July 1, 1969. See 382 Mich. 766.

PER CURIAM:

This is an appeal from a summary judgment of no cause of action.

The parties herein entered into an agreement in September, 1966 whereby plaintiff paid $10,000 and was to receive 20% of the capital stock of Prosser's Dining and Cocktail Lounge, Inc. all of which stock was at that time owned by Earl T. Prosser. As security for the $10,000, plaintiff took a note signed by the three individual...

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