LAKESHORE C. F. CORP. v. BRADFORD A. CORP.

No. 158.

45 Wis.2d 313 (1970)

173 N.W.2d 165

LAKESHORE COMMERCIAL FINANCE CORPORATION, Respondent, v. BRADFORD ARMS CORPORATION and others, Defendants: KORNITZ and another, Appellants.

Supreme Court of Wisconsin.

Decided January 9, 1970.


Attorney(s) appearing for the Case

For the appellants there were briefs by Kenehan & Huckaby, attorneys, and John W. Emmerling of counsel, all of Milwaukee, and oral argument by Mr. Emmerling.

For the respondent there was a brief by Lorinczi & Weiss, attorneys, and Robert K. Steuer and Robert L. Habush of counsel, all of Milwaukee, and oral argument by Mr. Habush and Mr. Steuer.


CONNOR T. HANSEN, J.

Appellants have raised a number of issues:

(1) Did Lakeshore make a definite and unconditional commitment to release the Bradford Arms Corporation mortgage?

(2) Did Mr. Appel have apparent or implied authority to grant a release of mortgage?

(3) Should promissory estoppel be applied in this case?

(4) Should collateral used to pay off other debts have been applied to the note secured by the Bradford Arms Corporation...

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