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[Download] "City Bank & Trust Company v. Kwaske" by Court of Appeals of Michigan ~ Book PDF Kindle ePub Free

City Bank & Trust Company v. Kwaske

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eBook details

  • Title: City Bank & Trust Company v. Kwaske
  • Author : Court of Appeals of Michigan
  • Release Date : January 28, 1976
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 62 KB

Description

Complaint by City Bank and Trust Company against Kwaske Brothers Construction Company, Gerald Kwaske, Kathleen Kwaske, Eugene Kwaske, Jane Kwaske, and Ernest L. Kwaske for repayment of money loaned. Summary judgment for plaintiff. A writ of garnishment was served by plaintiff against Brooks Abstract Company seeking funds allegedly held for defendants. Capitol Savings and Loan Association, Lawyers Title Insurance Company and Honey Brook Company, Inc., were added as necessary parties. Writ dismissed. Plaintiff appeals. In October, 1972, Honey Brook Co., Inc., and Kwaske Brothers Construction Co., Inc., entered into two contracts for the construction of the Oakbrook Village Townhouse Project. At about the same time, the same parties formed a joint venture for the purposes of financing the Oakbrook project beyond the available mortgage financing. An estimated $100,000 was needed. The parties were to make equal contributions but Kwaske was not to be required to contribute more than $50,000.


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