Keyes v. Myhre
Supreme Court of Minnesota
Action in the district court for Yellow Medicine county to recover $1,000, the amount of an assessment upon the bank stock of M. T. Myhre. The answer alleged that prior to% March 1, 1914, defendants sold and assigned the stock in question to George J. Piersol. The case was tried before Daly, J., who made findings and as conclusions of law found that by the sale and transfer of the stock Piersol became the owner of the same, and defendants were not liable for the assessment.
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Action in the district court for Yellow Medicine county to recover $1,000, the amount of an assessment upon the bank stock of M. T. Myhre. The answer alleged that prior to% March 1, 1914, defendants sold and assigned the stock in question to George J. Piersol. The case was tried before Daly, J., who made findings and as conclusions of law found that by the sale and transfer of the stock Piersol became the owner of the same, and defendants were not liable for the assessment. Plaintiff’s motion to amend the findings and conclusions .was denied. From the judgment entered pursuant to the order…
1Opinion of the Court
Brown, C: J.
The facts in this case as disclosed by the findings of the trial court are substantially as follows:
The First National Bank of Clarkfield, this state, was duly organ*194ized as a national bank under the Federal statutes, its charter having been issued on October 1, 1902. From that date until declared insolvent in September, 1918, it carried on and conducted a general banking business at the location stated. When so adjudged insolvent plaintiff, was duly commissioned as receiver to wind up its affairs. The assets of the bank were insufficient to pay and discharge the debts and…
2Cases cited4 opinions
- Richmond v. IronsSupreme Court of the United States · 1887
- Matteson v. DentSupreme Court of the United States · 1900
- Whitney v. ButlerSupreme Court of the United States · 1886
- Snyder v. RosterCourt of Appeals for the Fifth Circuit · 1896
3Cited by2 opinions
- Dellert v. StallmanCourt of Appeals for the Seventh Circuit · 1928
- Bank of Dassel v. MarchSupreme Court of Minnesota · 1931