Legal Opinion
Geo. A. Hormel Company v. First National Bank
Supreme Court of Minnesota
Decided April 8, 1927No. Nos. 25,578, 25,579, 25,580, 25,581PublishedCited by 16 opinions
1Opinion of the Court
Taylor C.
Plaintiff is a Minnesota corporation engaged in the packing business at the city of Austin. In July, 1921, plaintiff discovered that E. J. Thomson, then assistant comptroller of the, company, had embezzled $1,187,000 of its funds during the preceding five years. He was arrested, admitted his thefts and is serving a term in the state prison therefor. He had borrowed money from defendant First National Bank and also from defendant First State Bank. As collateral security for these loans he had deposited with the First National Bank 45 shares of the preferred capital stock issued by…
2Cases cited37 opinions
- Schenck v. . State Line Telephone Co.New York Court of Appeals · 1924
- Snow v. AlleyMassachusetts Supreme Judicial Court · 1892
- Corbett v. Boston & Maine RailroadMassachusetts Supreme Judicial Court · 1914
- Virtue v. Creamery Package Manufacturing Co.Supreme Court of Minnesota · 1913
- Zimmerman v. HardingSupreme Court of the United States · 1913
32 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Uselman v. UselmanSupreme Court of Minnesota · 1990
- Popp Telcom, Formerly Known as Ldb International Corporation, Inc., Humbird Securities, Company Northern Securities, Company, Washington Sharecom, Inc. v. American Sharecom, Inc. Steven C. Simon James J. Weinert William J. King, Popp Telcom, Formerly Known as Ldb International Corporation, Inc., Humbird Securities, Company Northern Securities, Company, Washington Sharecom, Inc. v. American Sharecom, Inc. Steven C. Simon James J. Weinert William J. KingCourt of Appeals for the Eighth Circuit · 2000
- Magnusson v. AMERICAN ALLIED INSURANCE COMPANYSupreme Court of Minnesota · 1971
- Ross v. Amiret Farmers Elevator Co.Supreme Court of Minnesota · 1929
- Rosacker v. Commercial State BankSupreme Court of Minnesota · 1934
11 more not listed; retrieve them via the Exa API.