Legal Opinion

In Re Liquidation of Farmers Merchants State Bank

Supreme Court of Minnesota

Decided October 27, 1939No. 32,088PublishedCited by 1 opinion

1Opinion of the Court

Gallagher, Chief Justice.

Appeal from an order of the district court distributing certain funds in the hands of the commissioner of banks as statutory liquidator of Farmers & Merchants State Bank of Lawler, Lawler, Minnesota.

On November 16, 1938, Robert D. Beery, commissioner of banks of the state of Minnesota, moved the aforementioned court for an order authorizing and directing him to pay a first and final dividend in specified amounts on certain claims against the aforementioned bank which was then in the process of liquidation. The motion was resisted by the Security State Bank of Howard…

2Cases cited3 opinions

  1. Geib v. Haynes CorporationSupreme Court of Minnesota · 1932
  2. American Surety Co. v. PeytonSupreme Court of Minnesota · 1932
  3. Sitterley v. Gray Co., Inc.Supreme Court of Minnesota · 1937

3Cited by1 opinion

  1. Buckey v. Indianhead Truck Line, Inc.Supreme Court of Minnesota · 1951

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