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Hushion v. Mcbride Et Al.

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eBook details

  • Title: Hushion v. Mcbride Et Al.
  • Author : Supreme Court of Minnesota
  • Release Date : January 09, 1936
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 65 KB

Description

LUMMUS, Justice. The individual defendants James E. McBride and Margaret A. McBride, hereinafter called simply the defendants, are husband and wife. He is financially irresponsible. In 1933 they promoted a distilling corporation. The master finds: All the cash which ever went into the enterprise was the money of Margaret A. McBride, invested by her in part for the purpose of making her husband, James E. McBride, the executive of an industry, and in part as an investment for pecuniary returns. By virtue of the fact that the McBrides were furnishing all the money, they controlled the whole promotion of the enterprise, including the doings of the promoters or so-called syndicate. They also overwhelmingly controlled the corporation afterwards organized. * * * All the capital for this enterprise, from its beginning, has been furnished by the defendant, Margaret A. McBride. * * * I find that whatever the defendant James E. McBride did at the meetings of the promoters and throughout the entire course of the events involved in this suit was done with the authority of his wife, the defendant Margaret A. McBride, and whatever she did was done with the authority of her husband; that all that was done by both or either was done as a common undertaking between them.


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