Legal Opinion

State Ex Rel. First Minneapolis Trust Co. v. Fosseen

Supreme Court of Minnesota

Decided June 22, 1934No. 29,803PublishedCited by 7 opinions

1Opinion of the Court

I. M. OLSEN, Justice.

In April, 1924, Nicollet Syndicate, a corporation, issued $60,000, of bonds, secured by mortgage in the form of a trust deed on a leasehold of certain Minneapolis real estate. The Wells-Dickey Trust Company was the grantee and trustee for the bondholders in said trust deed and has been succeeded .as such by the First Minneapolis Trust Company, appellant herein. These bonds were guaranteed by; James Leek and Arthur E. Benjamin by written indorsements thereon reading as follows:

“Guaranty of Principal and Interest.
“For value received, the undersigned do hereby waive demand,…

2Cases cited29 opinions

  1. Kernochan v. . MurrayNew York Court of Appeals · 1888
  2. Hantzch v. MassoltSupreme Court of Minnesota · 1895
  3. Morgan v. HamletSupreme Court of the United States · 1885
  4. Hungerford v. O'BrienSupreme Court of Minnesota · 1887
  5. State ex rel. Scherber v. Probate Court of Hennepin CountySupreme Court of Minnesota · 1920

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3Cited by7 opinions

  1. Fidelity & Deposit Co. v. HobbsCourt of Appeals for the Tenth Circuit · 1944
  2. Security Savings & Loan Ass'n v. Estate of KiteColorado Court of Appeals · 1992
  3. Holbert v. WermerskirchenSupreme Court of Minnesota · 1941
  4. In Re Estate of SternerSupreme Court of Iowa · 1938
  5. First Minneapolis Trust Co. v. Nicollet Syndicate, Inc.Supreme Court of Minnesota · 1934

2 more not listed; retrieve them via the Exa API.

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