State ex rel. Sheldon v. Dahl
Wisconsin Supreme Court
Appeal from an order of tbe circuit court for Dane county: E. Rat SteveNs, Circuit Judge. Tbis is an appeal from an order sustaining a demurrer to tbe complaint. Tbe action is in equity upon tbe official bond •of the defendant Dahl as state treasurer, and is brought against Dahl and tbe surety upon tbe bond.
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Appeal from an order of tbe circuit court for Dane county: E. Rat SteveNs, Circuit Judge. Tbis is an appeal from an order sustaining a demurrer to tbe complaint. Tbe action is in equity upon tbe official bond •of the defendant Dahl as state treasurer, and is brought against Dahl and tbe surety upon tbe bond. The relator, Sheldon,' is tbe receiver of tbe Wisconsin Savings Loan & Trust Company, a Wisconsin corporation (hereinafter called tbe Trust Company), appointed by tbe United States court for tbe Western district of Wisconsin in a winding-up action, and tbe other relators are holders of…
1Opinion of the Court
The following opinion was filed April 3, 1912:
Wihslow, C. J.
Sec. I791e, Stats., as amended by ch. 504, Laws of 1905, requires every trust company to deposit with the state treasurer not less than fifty per centum of its capital stock, nor more than $100,000 in cash, bonds, or first-mortgage securities on real estate, which “shall be held by the state treasurer in trust as security for the depositors and creditors of said corporation, and for the faithful execution of any trust which may be lawfully imposed upon and accepted by it.”' The section further provides that the securities may be from…
2Cases cited2 opinions
- Howard v. United StatesSupreme Court of the United States · 1902
- State v. WettsteinWisconsin Supreme Court · 1885
3Cited by8 opinions
- Gavahan v. Village of ShorewoodWisconsin Supreme Court · 1930
- McIntyre v. CarrollWisconsin Supreme Court · 1927
- Patrykus v. FisherWisconsin Supreme Court · 1947
- State ex rel. Sheldon v. DahlWisconsin Supreme Court · 1917
- Maas v. HesseWisconsin Supreme Court · 1920
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