Robie v. Holdahl

Action by the plaintiff as receiver of the Roseau Co-operative Company to recover an assessment against the defendant as a stockholder. The defendant answered, the plaintiff demurred, the demurrer was sustained, and the defendant appeals.

On August 17, 1927, the plaintiff individually secured a judgment against the Roseau Co-operative Company upon which execution was returned unsatisfied. He then instituted sequestration pro ceedings which resulted in his appointment as receiver on September 8, 1927. He then commenced proceedings to enforce the stockholders’ liability under G-. S. 1928, ■■§…