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Michigan Supreme Court Ruling on Promissory Note by Kath is a document available to read on EtoBox.

This case involves a promissory note signed by two makers, Belle W. Clement and Byron C. Thorpe. The bank sued Clement to collect on the note but did not name Thorpe as a defendant. Clement argued she could not be liable because the note was a joint obligation and both makers were not parties to the suit. The Michigan Supreme Court held that the note represented the joint and several obligation of the makers under both Michigan and Illinois law. Therefore, the bank could recover from Clement alone and the t

Author

Kath

Language

EN