Legal Opinion

Mutual Benefit Life Insurance v. Frantz Klodt & Son, Inc.

Supreme Court of Minnesota

Decided November 21, 1975No. 45765 and 45814PublishedCited by 11 opinions

1Opinion of the Court

Pee Curiam.

Appeal from an order of the Hennepin County District Court denying appellant’s motion for appointment of a receiver pendente lite. We affirm.

This dispute involves a large apartment complex in the city of Minneapolis. Construction was financed by a loan of $3,-100,000. This loan was evidenced by a promissory note for that amount, dated June 7, 1971, between respondents Franklin Park Towers Corporation (Franklin Park) and Frantz Klodt & Son, Inc. (FKSI) as makers and Eberhardt Company as payee. The property is secured by a mortgage of the same date between Franklin Park and FKSI as…

2Cases cited7 opinions

  1. Marshall & Ilsley Bank v. CadySupreme Court of Minnesota · 1899
  2. Nielsen v. HealdSupreme Court of Minnesota · 1922
  3. Cross Companies v. Citizens Mortgage Investment TrustSupreme Court of Minnesota · 1975
  4. Straus v. StrausSupreme Court of Minnesota · 1959
  5. Woodmen of the World Life Insurance Society v. Sears, Roebuck & Co.Supreme Court of Minnesota · 1972

2 more not listed; retrieve them via the Exa API.

3Cited by11 opinions

  1. G.G.C. Co. v. First National Bank of St. PaulSupreme Court of Minnesota · 1979
  2. Pergament v. Loring Properties, Ltd.Supreme Court of Minnesota · 1999
  3. Minnesota Hotel Co. v. Rosa Development Co.Court of Appeals of Minnesota · 1993
  4. State Mutual Life Assurance Co. of America v. Frantz Klodt & Son, Inc.Supreme Court of Minnesota · 1975
  5. Brown v. MuetzelCourt of Appeals of Minnesota · 1984

6 more not listed; retrieve them via the Exa API.

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