Savage v. Madelia Farmers' Warehouse Co.
Supreme Court of Minnesota
In proceedings instituted by plaintiffs in the district court for Waton-wan county to wind up the affairs of defendant company and enforce for the benefit of creditors the statutory liability of its stockholders, claims were presented against the company by T. J. Mitchell and John McCarthy for $452.32 and by William D. Fanning for $2,000. Plaintiffs filed objections to these claims and the issue's thus raised were tried before Cadwell, J., who found in favor of claimants.
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In proceedings instituted by plaintiffs in the district court for Waton-wan county to wind up the affairs of defendant company and enforce for the benefit of creditors the statutory liability of its stockholders, claims were presented against the company by T. J. Mitchell and John McCarthy for $452.32 and by William D. Fanning for $2,000. Plaintiffs filed objections to these claims and the issue's thus raised were tried before Cadwell, J., who found in favor of claimants. From that portion of the judgment thereupon entered which allowed these claims, plaintiffs appealed.
1Opinion of the CourtBrown, J.
In proceedings to wind up the affairs of the Madelia Farmers’ Warehouse Company, an insolvent corporation, and to enforce the statutory stockholders’ liability, the court below made an order fixing a time within which creditors should present their claims. Numerous claims were presented, and upon a trial and hearing the court made its findings of fact and conclusions of law by which the liability of the several stockholders was determined; and by which, also, certain claims were allowed against the corporation, among others, a claim in favor of respondent Fanning for the sum of $3,649.13, and…
2Cases cited6 opinions
- Twin-Lick Oil Co. v. MarburySupreme Court of the United States · 1876
- Sanford Fork & Tool Co. v. Howe Brown & Co.Supreme Court of the United States · 1895
- Taylor v. MitchellSupreme Court of Minnesota · 1900
- Hopson v. Ætna Axle & Spring Co.Supreme Court of Connecticut · 1883
- Africa v. Duluth News Tribune Co.Supreme Court of Minnesota · 1901
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3Cited by5 opinions
- Snyder Electric Co. v. FlemingSupreme Court of Minnesota · 1981
- Wainwright v. P. H. & F. M. Roots Co.Indiana Supreme Court · 1912
- Minnesota Loan & Trust Co. v. Peteler Car Co.Supreme Court of Minnesota · 1916
- Risvold Ex Rel. Cleary Hill Mines Co. v. GustafsonSupreme Court of Minnesota · 1941
- Tatem v. Eglanol Mining Co.Montana Supreme Court · 1911