Legal Opinion

McCallum v. National Credit Insurance

Supreme Court of Minnesota

Decided July 5, 1901No. Nos. 12,660—(174)PublishedCited by 4 opinions

Appeal by defendants Freeman P. Strong and others from a judgment of the district court for Hennepin county, Elliott, J.

1Opinion of the CourtBrown, J.

Action to enforce the statutory liability of stockholders. Plaintiffs had judgment in the court below, and defendants appealed.

The National Credit Insurance Company, a corporation created i and existing under the laws of this state, and engaged in the business of insuring merchants and others against losses in their business affairs, became insolvent, and made a general assignment for the benefit of its creditors. The assignment proceedings were duly conducted to a conclusion, but the assets of the corporation were insufficient to pay its debts, whereupon this action was brought by…

2Cases cited8 opinions

  1. Smith v. . Glen's Falls Insurance Co.New York Court of Appeals · 1875
  2. Farmers & Merchants' Insurance v. ChesnutIllinois Supreme Court · 1869
  3. Waller v. Northern Assurance Co.Supreme Court of Iowa · 1884
  4. Herrick v. NewellSupreme Court of Minnesota · 1892
  5. Willoughby v. St. Paul German InsuranceSupreme Court of Minnesota · 1897

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

3Cited by4 opinions

  1. Strampe v. Minnesota Farmers' Mutual InsuranceSupreme Court of Minnesota · 1909
  2. McGhee v. Casualty Co. of AmericaOhio Court of Appeals · 1921
  3. Joseph Supornick & Son, Inc. v. Imperial Assur. Co. of New YorkDistrict Court, D. Minnesota · 1949
  4. State ex rel. Schaefer v. Minnesota Title Insurance & Trust Co.Supreme Court of Minnesota · 1908

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