(DOWNLOAD) "Loring and Another v. Palmer" by United States Supreme Court ~ Book PDF Kindle ePub Free
eBook details
- Title: Loring and Another v. Palmer
- Author : United States Supreme Court
- Release Date : January 10, 1886
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 66 KB
Description
This is a suit in equity brought by Charles H. Palmer, the appellee, against Elisha T. Loring and Charles A. Welch The appellants, to obtain a conveyance of one undivided third part of the N. 1/2 of the N. W. 1/4, and of the N. W. 1/4 of the S. W. 1/4, section 23, township 56 N., range 33 W., Houghton county, Michigan, containing in all 120 acres, on the ground that the lands were bought from Thomas F. Mason for Loring, Palmer, and William B. Frue, and the title taken by Loring in trust for himself and his associates. The material facts are these: From the year 1856, and perhaps before, Palmer, Loring, and Frue had been engaged in the purchase of lands in the upper peninsula of Michigan, in the formation of mining corporations, and in the purchase and sale of mining stocks. Frue resided at the time in Houghton county, which was in the upper peninsula, Palmer at Pontiac, Michigan, and Loring at Boston, Massachusetts, but Palmer spent much of his time at the peninsula, and in its vicinity. During all the time the purchases were generally made, and the titles, both of lands and stocks, taken, in the name of Loring, as trustee for all the parties in interest. Among other lands purchased in this way were some which were afterwards put into the Ossipee Mining Company, a mining corporation promoted by these parties, with a capital stock consisting of 20,000 shares, of which Loring and Frue each owned 2,250, and Palmer 2,220.