Richards v. Minnesota Savings Bank
Supreme Court of Minnesota
Action in the district court for Ramsey county to recover from defendant bank, and the individual shareholding defendants, the sum of $7,517.47 deposited by plaintiff and other persons with the Minnesota Savings Bank. The cause was tried before Kelly, J., without a jury, who ordered judgment in favor of plaintiff against the defendant bank, but in favor of the individual defendants for costs. From the judgment entered in pursuance of such order, .plaintiff appealed.
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Action in the district court for Ramsey county to recover from defendant bank, and the individual shareholding defendants, the sum of $7,517.47 deposited by plaintiff and other persons with the Minnesota Savings Bank. The cause was tried before Kelly, J., without a jury, who ordered judgment in favor of plaintiff against the defendant bank, but in favor of the individual defendants for costs. From the judgment entered in pursuance of such order, .plaintiff appealed. The Union Savings Bank of Rochester was dissolved in 1873. The voluntary surrender by a corporation of its franchise is one of…
1Opinion of the CourtStart, C. J.
This action was brought to impose a partnership liability on the alleged associates or stockholders interested in the Minnesota Savings Bank, one of the defendants herein, for deposits made in the bank by plaintiff and his assignors, on the ground that the bank was not a corporation. A trial of the action resulted in a judgment in favor of the plaintiff against the bank for the amount claimed, and in favor of the individual defendants against the plaintiff, that he take nothing by this action, and for costs against him. The plaintiff appealed from the judgment against him.
The facts found by…
2Cases cited3 opinions
- Coxe v. . StateNew York Court of Appeals · 1895
- Finnegan v. NoerenbergSupreme Court of Minnesota · 1893
- Johnson v. OkerstromSupreme Court of Minnesota · 1897
3Cited by10 opinions
- State Ex Rel. Peterson v. QuinlivanSupreme Court of Minnesota · 1936
- Swofford Bros. Dry Goods Co. v. OwenSupreme Court of Oklahoma · 1913
- Almac, Inc. v. JRH Development, Inc.Court of Appeals of Minnesota · 1986
- School District No. 1 v. AitonSupreme Court of Minnesota · 1928
- Bowman v. City of MoorheadSupreme Court of Minnesota · 1949
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