Brown County Bank v. Freie Presse Printing Co.

This is an action in equity brought by the plaintiff, the pledgee of certain stock of defendant Freie Presse Printing Company of South Dakota, against Kornmann, its pledgor, the South Dakota corporation, the Freie Presse Printing Company of New Ulm, Minnesota, which succeeded to the assets of the South Dakota corporation, and its officers. The court gave relief by a money judgment as for damages for the conversion of the pledged stock. The defendants other than defendant Kornmann, the pledgor, appealed from the order denying their motion for a new trial.

The controlling facts are few. Prior to…