St. Paul Barrel Co. v. Minneapolis Distilling Co.
Supreme Court of Minnesota
Appeal by certain defendants, alleged in the complaint to be stockholders of defendant corporation, from an order of the district court for Hennepin county, Russell, J., overruling demurrers to the complaint.
1Opinion of the CourtCollins, J.
This was an action brought to enforce the constitutional liability of the stockholders in defendant corporation, and appellant stockholders rely on the exception introduced into section 3 of article 10 of the state constitution by the amendment of 1872. The section reads thus: “Each stockholder in any corporation, excepting those organized for the purpose of carrying on any kind of manufacturing or mechanical business, shall be liable to the amount of stock held or owned by him.” If the corporation was a manufacturing concern, within the purview of this exception, this action cannot be…
2Cases cited5 opinions
- State ex rel. Clapp v. Minnesota Thresher Manufacturing Co.Supreme Court of Minnesota · 1889
- Arthur v. WilliusSupreme Court of Minnesota · 1890
- First National Bank v. Winona Plow Co.Supreme Court of Minnesota · 1894
- Densmore v. ShepardSupreme Court of Minnesota · 1891
- Anchor Investment Co. v. Columbia Electric Co.Supreme Court of Minnesota · 1895
3Cited by8 opinions
- Holland v. Duluth Iron Mining & Development Co.Supreme Court of Minnesota · 1896
- State v. Mortgage Security Co. of Minnesota, Inc.Supreme Court of Minnesota · 1923
- Merchants' National Bank of St. Paul v. Minnesota Thresher Manufacturing Co.Supreme Court of Minnesota · 1903
- Commercial Bank v. Azotine Manufacturing Co.Supreme Court of Minnesota · 1896
- Carnegie Dock & Fuel Co. v. Kensington Mills, Inc.Supreme Court of Minnesota · 1922
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