Cumbey v. Ueland
Supreme Court of Minnesota
Appeal by Andreas Ueland, as receiver of Washington Bank, from an order of tbe district court for Hennepin county, Johnson, J., all-owing a claim for $11,422 against the estate of said bank in favor of William N. Cumbey, as assignee of Weitzner, Gruenberg & Co., insolvents.
1Opinion of the Court
START, C. J.'
The here material facts, as disclosed by the record, are: On-March 18, 1895, the firm of Weitzner, G-ruenberg & Co. transferred its stock of merchandise to Peter P. Swensen, and received' therefor his two promissory notes for $5,000 each, with interest at* 8 per cent, per annum, due in four and six months, respectively.. The firm indorsed and transferred these notes to the Washington-Bank, which was then a creditor of the firm to the amount of about $23,000, to be applied as a payment on such indebtedness.. The firm was then insolvent, to the knowledge of the bank, and the -…
2Cases cited6 opinions
- In re Van NormanSupreme Court of Minnesota · 1889
- Marshall v. GilmanSupreme Court of Minnesota · 1892
- Hossfeldt v. DillSupreme Court of Minnesota · 1881
- Hay v. TuttleSupreme Court of Minnesota · 1896
- Clerihew v. West Side BankSupreme Court of Minnesota · 1892
1 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Geo. A. Hormel Company v. First National BankSupreme Court of Minnesota · 1927
- Humphreys v. Minnesota Clay Co.Supreme Court of Minnesota · 1905
- Morrow v. Peoples State BankSupreme Court of Minnesota · 1932