State Bank, by Benson v. Bryson

Loring, Justice.

This is an appeal from an order denying the plaintiff’s motion for a new trial.

The State Bank of Good Thunder was taken into the custody and control of the commissioner of banks December 11, 1928. A part of the assets consisted of a 40-acre tract of land in Blue Earth county. It became known to the defendant, who owned adjoining land, that the commissioner would accept $1,800 as the purchase price of- this tract, and under date of August 2, 1930, he addressed a written offer in that amount to the commissioner of hanks, describing the land which he wished to purchase and…