American State Bank v. Jones
Supreme Court of Minnesota
1Opinion of the CourtOlsen, J.
Defendant appeals from an order sustaining a demurrer to his answer.
The action is brought by the commissioner of banks of this state to recover an assessment levied by him against the defendant as a stockholder of an insolvent bank. The action is brought under L. 1927, p. 376, c. 254, to enforce the stockholder’s constitutional double liability.
As defenses to the action defendant alleges that L. 1909, p. 191, c. 179, now G. S. 1923 (2 Mason, 1927) §§ 7688, 7689, as amended (L. 1927, p. 198, c. 127) is unconstitutional and void under Minn. Const. art. 3, § 1, as being an attempt to delegate…
2Cases cited17 opinions
- Den Ex Dem. Murray v. Hoboken Land & Improvement Co.Supreme Court of the United States · 1856
- Kilbourn v. ThompsonSupreme Court of the United States · 1881
- Noble State Bank v. HaskellSupreme Court of the United States · 1911
- United States v. FerreiraSupreme Court of the United States · 1852
- Union Pacific Railroad v. United StatesSupreme Court of the United States · 1878
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3Cited by11 opinions
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- Cedar Rapids Human Rights Commission v. Cedar Rapids Community School DistrictSupreme Court of Iowa · 1974
- Rainey v. MichelCalifornia Supreme Court · 1936
- Zalk & Josephs Realty Co. v. Stuyvesant InsuranceSupreme Court of Minnesota · 1934
- Department of Banking v. HedgesNebraska Supreme Court · 1939
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