Russell v. First York Savings Co.

Helen O. Russell, plaintiff and a former shareholder of The York Investment Company, appeals the judgment of the district court for York County which sustained the defendants’ demurrer. Russell requested a part of the assets of The York Investment Company upon dissolution. The district court held that Russell’s action was barred by Neb. Rev. Stat. § 21-20,104 (Reissue 1983). We affirm.

A demurrer tests the substantive legal rights of the parties upon admitted facts, including proper and reasonable inferences of law and fact which may be drawn from the facts which are well pleaded. Philp v.…