In re State Bank
Supreme Court of Minnesota
Appeal by George H. Fletcher former assignee of the insolvent State Bank of Minneapolis, from an order of the District Court of Hennepin County, Henry G. Hicks and Charles M. Pond, JJ., made November 25,1893, allowing in part and disallowing the residue of his final account as such assignee. On June 27,1893, the State Bank made an assignment of its property under Laws 1881, ch. 148, as amended to George H. Fletcher in trust for its creditors.
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Appeal by George H. Fletcher former assignee of the insolvent State Bank of Minneapolis, from an order of the District Court of Hennepin County, Henry G. Hicks and Charles M. Pond, JJ., made November 25,1893, allowing in part and disallowing the residue of his final account as such assignee. On June 27,1893, the State Bank made an assignment of its property under Laws 1881, ch. 148, as amended to George H. Fletcher in trust for its creditors. He accepted the trust, gave bond and discharged the duties of that office until August 12, 1893, when he resigned. His resignation was accepted at once…
1Opinion of the CourtMitchell, J.
The short facts are that on June 27th the State Bank of IMinneaxiolis, being insolvent, made an assignment for the benefit of its creditors to one Fletcher, a stockholder and director of the bank, and a debtor to it in the sum of over $5,000, of which $1,500 was overdue. Fletcher entered upon the duties of his office, as assignee, June 30th. On August 12th he resigned, and on August 17th the court made an order appointing his successor, and requiring him to deliver over to such successor all property or money of the bank in his hands. At this time, Fletcher had in his hands $8,643.14, of…
2Cited by5 opinions
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- State v. Nebraska Savings & Exchange BankNebraska Supreme Court · 1901