Young v. Board of Education
Supreme Court of Minnesota
Appeal by defendant, the Board of Education of Independent School District No. 47, Dassel, in Meeker County, from an order of the District Court of that County, Gorham Powers, J., made February 14,1893, denying its motion for a new trial. The plaintiff, Austin H. Young, was on January 26, 1891, appointed by the District Court of said County, receiver of the property of Stevens & Co., insolvent bankers of Litchfield in that County.
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Appeal by defendant, the Board of Education of Independent School District No. 47, Dassel, in Meeker County, from an order of the District Court of that County, Gorham Powers, J., made February 14,1893, denying its motion for a new trial. The plaintiff, Austin H. Young, was on January 26, 1891, appointed by the District Court of said County, receiver of the property of Stevens & Co., insolvent bankers of Litchfield in that County. He accepted the trust, and brought this action to recover an overdraft of the School District, amounting to $205.15. The defendant answered, denying that it…
1Opinion of the CourtVanderburgh, J.
The plaintiff recovered a verdict, under the direction of the court, for $205 and interest for money advanced by Stevens & Co., of whose insolvent estate the plaintiff is receiver. The evidence in the case tended to show that the defendant had expended the proceeds of bonds lawfully issued in the erection of a schoolhouse for the district, but the money derived from the bonds was insufficient to complete the building, and thereupon the treasurer of the district, one Peterson, arranged with Stevens & Co., who were bankers, for additional funds to complete the same, and drew checks upon them…
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