Legal Opinion

Barnes v. Campbell

Supreme Court of Minnesota

Decided March 30, 1928No. 26,581PublishedCited by 1 opinion

1Opinion of the CourtStone, J.

In this proceeding to enforce the constitutional superadded liability of stockholders in a Minnesota corporation the issue of whether there should be an assessment, and if so how much, was tried by the court and the result was findings of fact upon which was predicated an order for an assessment of 100 per cent. The appeal is by certain stockholders from the order denying their motion in the alternative for amended findings or a neAV trial.

The charter limit of indebtedness, $15,000, Avas not much observed by the management of the corporation. It Avas exceeded soon after the company Avas…

2Cases cited5 opinions

  1. State v. Mortgage Security Co. of Minnesota, Inc.Supreme Court of Minnesota · 1923
  2. In re Dissolution of Owatonna Co-operative Mercantile Co.Supreme Court of Minnesota · 1924
  3. MacLaren v. WoldSupreme Court of Minnesota · 1926
  4. In Re Receivership of Southwestern Minnesota Land Co.Supreme Court of Minnesota · 1925
  5. National Farmers Bank v. Clefton Co.Supreme Court of Minnesota · 1926

3Cited by1 opinion

  1. Barnes v. NelsonSupreme Court of Minnesota · 1930

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