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WEST FEDERAL S. & L. v. INTERSTATE INVESTMENT

No. 33.

57 Wis.2d 690 (1973)

205 N.W.2d 361

WEST FEDERAL SAVINGS & LOAN ASSOCIATION, Plaintiff, v. INTERSTATE INVESTMENT, INC., and others, Defendants and Respondents: SORCE and others, Defendants: A. I. C. FINANCIAL CORPORATION and another, Defendants and Appellants.

Supreme Court of Wisconsin.

Decided March 27, 1973.

Attorney(s) appearing for the Case

For the appellants there were briefs and oral argument by Aaron E. Goodstein of Milwaukee.

For the respondent Milwaukee Western Bank there was a brief by Edward S. Grodin, attorney, and Harold E. Haltner of counsel, both of Milwaukee, and oral argument by Mr. Haltner.

HALLOWS, C. J.

The facts are somewhat complicated, but essentially they are as follows: On June 15, 1962, Anna Skibosh, as vendor, entered into a land contract with Auto Acceptance & Loan Corporation (Auto Acceptance) for the sale of premises in Brookfield. Two days later Auto Acceptance assigned its vendee's interest to Interstate Investment, Inc. (Interstate). Harry W. Kaminsky was both president of Auto Acceptance...

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