Michigan Supreme Court July 24, 1928, Docket No. 66, Calendar No. 33,683. (Michigan Surety Co. v. Baker)
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United States · · · 24-07-1928
Sharpe, J.
On December 7, 1920, defendants signed a written application for and agreement to purchase 20 shares of stock in the Peninsular Casualty Insurance Company at the price of $125 per share, payable as follows:
“$25 cash and the balance as follows: $600 bonds 1875 note.
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