Mooney v. Farmers Mercantile & Elevator Co.
Supreme Court of Minnesota
Action in the district court for Lae qui Parle county to restrain defendant corporation from distributing its net earnings except to its stockholders. The case was tried before Qvale, J"., who made findings and dismissed the action. From the judgment entered pursuant to the order for judgment, plaintiff appealed.
1Opinion of the CourtBrown, C. J.
Defendant, Farmers Mercantile & Elevator Company, is a corporation, organized in June, 1899, under the provisions of section 2903, et seq., G. S. 1894, as a co-operative association, and the persons named as defendants are its officers and have in charge the management and control of the corporate affairs. The business of the company is and at all times has been the buying, selling, receiving, forwarding and handling of wheat, oats, barley, and other farm products, and also buying and selling coal and other fuel, all at Madison, this state> its place of business. The stock of the company was…
2Cases cited3 opinions
- Finnegan v. NoerenbergSupreme Court of Minnesota · 1893
- Morrill v. Little Falls Manufacturing Co.Supreme Court of Minnesota · 1893
- Clark v. WildSupreme Court of Vermont · 1911
3Cited by7 opinions
- Farmers Cooperative Co. v. BirminghamDistrict Court, N.D. Iowa · 1949
- Brennan v. Minneapolis Society for the Blind, Inc.Supreme Court of Minnesota · 1979
- Bosch v. Meeker Cooperative Light & Power Assn.Supreme Court of Minnesota · 1958
- Bertram v. Danish Creamery Assn.California Court of Appeal · 1953
- Farrier v. Ritzville Warehouse Co.Washington Supreme Court · 1921
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