Vencedor Investment Co. v. Highland Canal & Power Co.
Supreme Court of Minnesota
Action in the district court for St. Louis county to enforce against the stockholders of defendant corporation their constitutional liability and to appoint a receiver of defendant. From an order, Cant, J., sustaining defendant’s demurrer to the complaint, plaintiff appealed.
1Opinion of the CourtBrown, C. J.
Action to enforce the liability imposed upon stockholders of corporations by section 3, article 10, of the state Constitution. Defendant interposed a general demurrer to the complaint, and plaintiff appealed from an order sustaining the same.
The only question presented is whether the defendant is a manufacturing corporation, within the meaning of the Constitution, and therefore exempt from the liability there imposed. If it be a manufacturing corporation, the demurrer was properly sustained, for to enforce liability against the stockholders appears to be the sole purpose of the action. We…
2Cases cited12 opinions
- Beggs v. Edison Electric Illuminating Co.Supreme Court of Alabama · 1892
- People Ex Rel. Brush Electric Manufacturing Co. v. WempleNew York Court of Appeals · 1892
- In re Hudson River Electric Power Co.District Court, N.D. New York · 1909
- Kentucky Electric Co. v. BuechelCourt of Appeals of Kentucky · 1912
- Frederick Electric Light & Power Co. v. Mayor of Frederick CityCourt of Appeals of Maryland · 1897
7 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Minnesota Power & L. Co. v. Personal Prop. Tax, Etc.Supreme Court of Minnesota · 1970
- Curry v. Alabama Power Co.Supreme Court of Alabama · 1942
- Pacificorp, Inc. v. Department of RevenueWyoming Supreme Court · 2017
- State Ex Rel. Winterfield v. Hardin County Rural Electric CooperativeSupreme Court of Iowa · 1939
- State Board of Equalization v. Stanolind Oil & Gas Co.Wyoming Supreme Court · 1939
2 more not listed; retrieve them via the Exa API.