Atwater v. Stromberg
Supreme Court of Minnesota
Action in the district court for Hennepin county by the receiver of the Columbia National Bank, insolvent. From an order denying a motion for a new trial, Simpson, J., after ordering judgment in favor of plaintiff, defendant appealed.
1Opinion of the CourtGollins, J.
Action upon a promissory note for $700 executed and delivered by defendant to a national bank when it was a going concern. Before the note matured the bank suspended business, and plaintiff was thereupon appointed its receiver by the comptroller of the currency of the United States. At the' time of the execution and delivery of the note the bank issued and delivered to defendant its certificate for seven shares of its capital stock, of the par value of $100 each. Concededly, there was no other consideration for the note.
Concurrently, and as part of the same transaction, the president of the…
2Cases cited4 opinions
- Scott v. ArmstrongSupreme Court of the United States · 1892
- Olson v. State BankSupreme Court of Minnesota · 1897
- Dunn v. State BankSupreme Court of Minnesota · 1894
- Atwater v. SmithSupreme Court of Minnesota · 1898
3Cited by14 opinions
- State Bank v. Mutual Telephone Co.Supreme Court of Minnesota · 1913
- Bartlett v. StephensSupreme Court of Minnesota · 1917
- Lex v. Selway Steel CorporationSupreme Court of Iowa · 1925
- Burningham v. BurkeUtah Supreme Court · 1926
- Furlong v. JohnstonAppellate Division of the Supreme Court of the State of New York · 1924
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