Sibley County Bank v. Crescent Milling Co.

Appeal by the receiver of a Minnesota corporation in process of dissolution from an order sustaining the demurrers of certain stockholders to a petition for an order assessing them on their alleged -double liability. The decision below was that the corporation was exclusively for manufacturing purposes and therefore against liability under art. 10, § 3, of the constitution of Minnesota. So the single question is whether under its articles of incorporation the Crescent Milling Company could have maintained the right to conduct other than a manufacturing business against the objection of the…