Segerstrom v. Holland Piano Manufacturing Co.
Supreme Court of Minnesota
Action in the district court for Hennepin county to recover $1,000 dividends declared upon stock in defendant company. The facts are stated in the opinion. The case was tried before Steele, «L, who when plaintiff rested denied plaintiff’s motion for a directed verdict for $1,000 and granted defendant’s motion to dismiss the action. From an order denying her motion for a new trial, plaintiff appealed.
1Opinion of the CourtHolt, J.
The action is one to recover declared dividends npon shares of capital stock in the defendant, a Minnesota corporation. 'When the evidence was in, a dismissal was granted on defendant’s motion. Plaintiff appeals from the order denying a new trial.
The complaint alleges that on December 24, 1913, defendant issued and delivered to Euth E. Segerstrom 100 shares of its capital stock of the par value of $100 a share, and agreed to pay her the dividends thereon; that defendant, since said date, has earned and declared three annual dividends amounting to 20 per cent on the outstanding capital stock;…
2Cases cited1 opinion
- Smith v. . CoeNew York Court of Appeals · 1902
3Cited by7 opinions
- Hartwig v. Loyal Order of Moose, Brainerd Lodge No. 1246Supreme Court of Minnesota · 1958
- Ohio Citizens Trust Co. v. Air-Way Electric Appliance Corp.District Court, N.D. Ohio · 1944
- Winter v. Farmers Educational & Cooperative Union of AmericaSupreme Court of Minnesota · 1961
- Miller v. O. B. McClintock Co.Supreme Court of Minnesota · 1941
- Segerstrom v. Holland Piano Manufacturing Co.Supreme Court of Minnesota · 1924
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