Clearwater County State Bank v. Bagley-Ogema Telephone Co.
Supreme Court of Minnesota
Action in the district court for Clearwater county for the appointment of a receiver of the Bagley-Ogema Telephone Company, for the purpose of collecting bents and profits during the pendency of the action and applying the same to repair and maintenance of its lines and exchange; to adjudge the amount due plaintiff on certain promissory notes given by that company; to direct a sale of the mortgaged property and the application of the proceeds thereof to the payment of…
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Action in the district court for Clearwater county for the appointment of a receiver of the Bagley-Ogema Telephone Company, for the purpose of collecting bents and profits during the pendency of the action and applying the same to repair and maintenance of its lines and exchange; to adjudge the amount due plaintiff on certain promissory notes given by that company; to direct a sale of the mortgaged property and the application of the proceeds thereof to the payment of plaintiff, and that the defendants be barred from claiming any equity of redemption in the mortgaged property. The separate…
1Opinion of the CourtBunn, J.
This action was brought by the plaintiff bank to foreclose a mortgage made to it by defendant Bagley-Ogema Telephone Company, January 15, 1909, to secure twelve promissory notes or bonds, each for the sum of $500, made payable to plaintiff. The mortgage covered the franchises, telephone lines, equipment, and all the other property of the mortgagor. The defendants Northwestern Electric Equipment Company and Western Electric Company are judgment creditors of the telephone company, having liens subsequent to the mortgage.
Defendants answered separately, each pleading that the mortgage *6was…
2Cases cited7 opinions
- Hammock v. Loan & Trust Co.Supreme Court of the United States · 1882
- Sioux City Terminal Railroad & Warehouse Co. v. Trust Co. of North AmericaCourt of Appeals for the Eighth Circuit · 1897
- Peoria & Springfield Railroad v. ThompsonIllinois Supreme Court · 1882
- National Foundry & Pipe Works, Ltd. v. Oconto Water Co.U.S. Circuit Court for the District of Eastern Wisconsin · 1892
- McKenzie v. Bismarck Water Co.North Dakota Supreme Court · 1897
2 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Fish v. Valley Nat. Bank of PhoenixArizona Supreme Court · 1946
- Northland Produce Co. v. StephensSupreme Court of Minnesota · 1911
- Galbraith v. First Nat. BankCourt of Appeals for the Eighth Circuit · 1915
- Forney v. Farmers Mutual Fire InsuranceSupreme Court of Minnesota · 1930
- Pink v. Metropolitan Milk Co.Supreme Court of Minnesota · 1915
2 more not listed; retrieve them via the Exa API.