Hoffman Motor Truck Co. v. Erickson
Supreme Court of Minnesota
Action in the district court for Renville county to require defendants to .account for stock in plaintiff corporation fraudulently obtained by them, to recover the par Value of such stock, and for such other and further relief as to the court might seem just. The case was tried before Flaherty, J., who made findings and ordered judgment in favor of defendants dismissing the action. From the order denying its motion for a new trial, plaintiff appealed.
1Opinion of the CourtPhilip E. Brown, J.
Appeal by plaintiff from an order denying a new trial, after trial, by the court and findings denying plaintiff relief.
Thé action is to recover from defendants as promoters the face value of stock alleged to have been issued to them by the corporation,, without consideration, while they were the sole owners and officers, or for its cancelation. The general facts, stated most favorably to plaintiff, are:
Prior to December 18, 1907, defendants were copartners experimenting in building a type of automobile for market. As such they expended considerable time and money, and acquired property of…
2Cases cited12 opinions
- Old Dominion Copper Mining & Smelting Co. v. BigelowMassachusetts Supreme Judicial Court · 1909
- Old Dominion Copper Mining & Smelting Co. v. LewisohnSupreme Court of the United States · 1908
- Seymour v. Spring Forest Cemetery Ass'nNew York Court of Appeals · 1895
- Hayward v. LessonMassachusetts Supreme Judicial Court · 1900
- Randall Printing Co. v. Sanitas Mineral Water Co.Supreme Court of Minnesota · 1913
7 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Prince v. SonnesynSupreme Court of Minnesota · 1946
- Mortgage Land Investment Co. v. McMainsSupreme Court of Minnesota · 1927
- State Bank of Commerce v. Kenney Band Instrument Co.Supreme Court of Minnesota · 1919
- Bauer v. O'Brien Land Co.Supreme Court of Minnesota · 1919
- Vasey v. New Export Coal Co.West Virginia Supreme Court · 1921
8 more not listed; retrieve them via the Exa API.