Chandler v. Humphrey

Main, J. —

This action was brought to recover upon the superadded liability of stockholders in an insolvent corporation. The cause was tried to the court without a jury, and resulted in findings of fact from which the court concluded that the plaintiff was entitled to recover. Judgment was entered against the defendants in the sum of $1,635, from which they appeal.

The facts are these: The Diamond Motor Parts Company was a corporation organized under the laws of the state of Minnesota. The appellants were stockholders in the corporation. January 23, 1929, the cor poration being insolvent, the…