Hunt v. Seeger
Supreme Court of Minnesota
Action in the district court for Ramsey county by plaintiff, as receiver of Allemannia Bank, to recover from defendant, as a stockholder thereof, an assessment of $1,000 levied by said court pursuant to the provisions of Laws 1899, c. 272. The case was tried before Orr, J., who made findings of fact and as conclusion of law found that plaintiff was entitled to judgment for the sum demanded. From an order denying a motion for a new trial defendant appealed.
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Action in the district court for Ramsey county by plaintiff, as receiver of Allemannia Bank, to recover from defendant, as a stockholder thereof, an assessment of $1,000 levied by said court pursuant to the provisions of Laws 1899, c. 272. The case was tried before Orr, J., who made findings of fact and as conclusion of law found that plaintiff was entitled to judgment for the sum demanded. From an order denying a motion for a new trial defendant appealed. Where the seller of corporation stock does all that he reasonably can to effect a transfer upon its books, his liability as a stockholder…
1Opinion of the CourtLovely, J.
This is an action by the receiver of the insolvent Allemannia Bank to recover an assessment which was made against the stockholders of that concern by the district court of Ramsey county. The defendant denied liability, and the cause was tried to the court upon its merits. There were findings of fact, and, as a conclusion of law, it was held that defendant was liable for the amount claimed. A motion for a new trial was denied, and this appeal is from that order.
There was ample evidence to sustain the facts as found by the trial court, to the effect that defendant was the owner of ten shares…
2Cases cited6 opinions
- Matteson v. DentSupreme Court of the United States · 1900
- Whitney v. ButlerSupreme Court of the United States · 1886
- Harper v. CarrollSupreme Court of Minnesota · 1896
- Earle v. CoyleU.S. Circuit Court for the District of Eastern Pennsylvania · 1899
- Hayes v. ShoemakerU.S. Circuit Court for the District of Northern New York · 1889
1 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Welch v. GillelenCalifornia Supreme Court · 1905
- Bracken v. NicolCourt of Appeals of Kentucky · 1907
- Bank of Dassel v. MarchSupreme Court of Minnesota · 1931
- Way v. BarneySupreme Court of Minnesota · 1914