Schwartz v. First Trust Co.

Christianson, Justice.

Plaintiffs appeal from a judgment of dismissal with prejudice entered in their action for damages for conversion of personal property.

Plaintiffs Edward W. Schwartz and Esther Schwartz are former officers and stockholders of Schwartz Bros., Inc., and General Cleaners and Launderers, Inc., both Minnesota corporations. Plaintiff Allen Schwartz is the son of Esther Schwartz and younger brother of Edward. Defendants are the personal representatives of the estate of Louis J. Foussard, deceased, the purchaser of the assets of the above-mentioned corporations at a receivership…