Minnesota State Bank v. Tabbott

This is an action to recover an assessment of 100 per cent levied by the district court of Blue Earth county on seven shares of the stock of the Minnesota State Bank of Amboy owned by the defendant, Leonard Tabbott. In a proceeding to enforce the constitutional liability of the stockholders in the bank the assessment was levied. In the case at bar there Avere findings and direction of judgment for the plaintiff for $700. The defendant appeals from the order denying his motion for a neAV trial.

The amended answer alleged that 60 per cent of the assessment against the stock of the defendant was…