Palmer v. Bank of Zumbrota
Supreme Court of Minnesota
Action under Gr. S. 1894, §§ 5900, 5901, in the district court for Goodhue county. The case was tried upon issues arising between the intervening creditors of defendant bank and its stockholders before Crosby, J., whose findings of fact and conclusions of law are stated in the opinion. From an order denying a motion for a new trial, certain of the intervening creditors appealed.
1Opinion of the CourtCanty, J.
This is the second appeal in this action. See 65 Minn. 90, 67 N. W. 893. The action has since been tried by the court without a jury.
From the findings of fact it appears that on May 16, 1893, the bank suspended payment, and closed its doors. The amount of its *274capital stock was then $25,000. Thereafter, on May 26, the creditors of the bank signed an instrument in writing, extending the time of the payment of their claims for one year, and thereupon, on the same day, the bank opened its doors, and resumed business. On, June 12, all of the stockholders of the bank except two met at the office of…
2Cases cited13 opinions
- Scovill v. ThayerSupreme Court of the United States · 1882
- Handley v. StutzSupreme Court of the United States · 1891
- Hospes v. Northwestern Manuf'g & Car Co.Supreme Court of Minnesota · 1892
- Veeder v. . MudgettNew York Court of Appeals · 1884
- Harper v. CarrollSupreme Court of Minnesota · 1896
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3Cited by18 opinions
- Hallada v. Great Northern RailwaySupreme Court of Minnesota · 1955
- Watkins v. BigelowSupreme Court of Minnesota · 1904
- Scott v. AbbottCourt of Appeals for the Eighth Circuit · 1908
- Randle v. Winona Coal Co.Supreme Court of Alabama · 1921
- State v. EmersonSuperior Court of Delaware · 1939
13 more not listed; retrieve them via the Exa API.