Way v. Mooers
Supreme Court of Minnesota
Action in the district court for Ramsey county by the receiver of the Winslow Eurniture & Carpet Company to recover $7,000 assessment upon defendant’s shares of stock in that company. The facts are stated in the opinion. The ease was tried before Michael, J., who when plaintiff rested granted defendant’s motion to dismiss the action. From an order denying his motion for a new trial, plaintiff appealed.
1Opinion of the Court
Taylor, C.
The Winslow Furniture & Carpet Company was adjudged a bankrupt in October, 1908, and its assets were converted into money and the proceeds distributed to its creditors in the bankruptcy proceedings. After the company had been declared a bankrupt, proceedings were brought in the district court of Ramsey county to enforce the liability imposed by the Constitution upon the stockholders of the company, and resulted in an assessment against those liable as stockholders of an amount equal to the full par value of the stock. Those liable therefor were required to pay the assessment within…
2Cases cited11 opinions
- Geib v. ReynoldsSupreme Court of Minnesota · 1886
- Harper v. CarrollSupreme Court of Minnesota · 1896
- Northwestern Trust Co. v. BradburySupreme Court of Minnesota · 1912
- State Bank v. Mutual Telephone Co.Supreme Court of Minnesota · 1913
- Travers v. DorrSupreme Court of Minnesota · 1895
6 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Blenz v. FogleWashington Supreme Court · 1923
- Coughlin v. Reliance Life InsuranceSupreme Court of Minnesota · 1925
- Miller v. Farmers State Bank of ArcoSupreme Court of Minnesota · 1925
- Olson v. ChapmanWashington Supreme Court · 1940
- Vickerman v. KappWashington Supreme Court · 1932
3 more not listed; retrieve them via the Exa API.