Legal Opinion
Liquidation of Farmers State Bank of North Branch
Supreme Court of Minnesota
Decided June 15, 1928No. 26,783PublishedCited by 4 opinions
1Opinion of the Court
Olsen, C.
In December, 1921, EL D. Brown, E. W. Allison, C. M. Anderson and J. L. Wahlstrom, herein referred to as the respondents, together with two other persons now deceased, duly executed and delivered to the state of Minnesota a depository bond, with the Farmers State Bank of North Branch as principal therein, to* secure repayment of state funds deposited and to be deposited in said bank. The bank was duly designated as a depository of state funds. The bank failed and was taken possession of by A. J. Veigel, as commissioner of banks, for the purpose of liquidation, on November 29, 1926,…
2Cases cited24 opinions
- Gulf, Colorado & Santa Fé Railway Co. v. EllisSupreme Court of the United States · 1897
- Magoun v. Illinois Trust & Savings BankSupreme Court of the United States · 1898
- Noble State Bank v. HaskellSupreme Court of the United States · 1911
- Chicago, Burlington & Quincy Railroad v. McGuireSupreme Court of the United States · 1911
- Jeffrey Manufacturing Co. v. BlaggSupreme Court of the United States · 1915
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3Cited by4 opinions
- Martin v. Federal Surety Co.Court of Appeals for the Eighth Circuit · 1932
- MacKenzie v. Summit National Bank of St. PaulCourt of Appeals of Minnesota · 1985
- Jones v. GradyNorth Dakota Supreme Court · 1936
- State v. American Surety Co.Supreme Court of Minnesota · 1930