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NAT'L BANK OF DETROIT v. ALFORD

Docket No. 21616.

65 Mich. App. 634 (1975)

237 N.W.2d 592

NATIONAL BANK OF DETROIT v. ALFORD

Michigan Court of Appeals.

Decided November 14, 1975.

Attorney(s) appearing for the Case

Martin McGaffey, for plaintiff.

John F. Gilhool, for defendants.

Before: V.J. BRENNAN, P.J., and BASHARA and R.M. MAHER, JJ.

PER CURIAM.

On April 22, 1974, a judgment of no cause of action was entered against plaintiff and on August 21, 1974, plaintiff's motion for new trial was denied. It is from that denial plaintiff appeals.

Plaintiff bank loaned $50,000 to Voyager Detroit, Inc., to finance an airplane. In order to secure the loan, Voyager Detroit executed a chattel mortgage and promissory note in favor of plaintiff. Defendants...

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