RICHTER v. INDUSTRIAL FINANCE CO. INC.

No. 11292.

221 N.W.2d 31 (1974)

Francis W. RICHTER and Joyce Richter, Plaintiffs and Respondents, v. INDUSTRIAL FINANCE COMPANY, INC., a corporation, Defendant, and Carl W. Pfeifer, Individually, Defendant and Appellant.

Supreme Court of South Dakota.

August 31, 1974.


Attorney(s) appearing for the Case

Richard W. Sabers of Dana, Golden, Moore & Rasmussen, Sioux Falls, for plaintiffs and respondents.

Gale E. Fisher of May, Johnson & Burke, Sioux Falls, for defendants and appellants.


WUEST, Circuit Judge.

This is an action on seven separate promissory notes. They were originally executed by Industrial Finance Company, Inc., and delivered to plaintiff on or about the dates they bear. Except for two of the notes, they were marked "Subordinated."

Industrial Finance Company had borrowed large sums of money from several banks. The banks had directed Industrial Finance to obtain subordination agreements...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases