Lindeke v. Scott County Co-operative Co.
Supreme Court of Minnesota
Action in tbe district court for Scott county by the partners composing the firm of Lindeke, Warner & Sons against the Scott County Co-operative Co. and its shareholders to sequester the assets of the defendant company, to appoint a receiver and ascertain the individual liability of the defendant stockholders for the indebtedness of the defendant company to the plaintiffs.
Read the full summary
Action in tbe district court for Scott county by the partners composing the firm of Lindeke, Warner & Sons against the Scott County Co-operative Co. and its shareholders to sequester the assets of the defendant company, to appoint a receiver and ascertain the individual liability of the defendant stockholders for the indebtedness of the defendant company to the plaintiffs. The case was tried before Morrison, J., who made findings, appointed a receiver and directed an assessment equal to the par value against each share of capital stock. From an order denying their motion for a new trial,…
1Opinion of the CourtBunn, J.
This action was brought by plaintiffs, judgment creditors of defendant Scott County Co-Operative Co., to enforce the constitutional liability of its stockholders. There was a decision in favor of plaintiffs sequestering the property of the company, appointing a receiver, and assessing each of some 70 stockholders an amount equal to the par value of his stock, or $100. Some 20 of the stockholders assessed moved for a new trial, and from an order denying their motion appealed to this court.
*466The assignments of error challenge numerous rulings on the admission of evidence, as well as certain…
2Cases cited1 opinion
- In re Ellis' EstateSupreme Court of Minnesota · 1893
3Cited by2 opinions
- Lebens v. NelsonSupreme Court of Minnesota · 1921
- Wentz v. Guaranteed Sand & Gravel Co.Supreme Court of Minnesota · 1939