Hunt v. Roosen
Supreme Court of Minnesota
Action in the district court for Ramsey county by plaintiff,' as receiver of Allemannia Bank, to enforce the full statutory liability of defendant as the owner of five shares of its capital stock of the par value of $100 each.
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Action in the district court for Ramsey county by plaintiff,' as receiver of Allemannia Bank, to enforce the full statutory liability of defendant as the owner of five shares of its capital stock of the par value of $100 each. The case was tried before Brill, J., who found, as conclusions of law, that defendant was entitled to a credit of $250 upon his stock liability, being the amount contributed by him In aid of the reorganization of the bank prior to the appointment of plaintiff as receiver, and that plaintiff was entitled to judgment for the sum of $250 and interest, and no more. From an…
1Opinion of the Court
BROWN, X
Action by the receiver of an insolvent bank to enforce the stockholder’s statutory liability, in which plaintiff had judgment for a portion of the amount claimed, and appeals from an order denying a new trial.
The facts are as follows: The Allemannia Bank is, and has been since 1898, a corporation organized under the laws of this state, and engaged in the business of a bank of discount and deposit at St. Paul. The amount of its capital stock was $400,000, divided into four thousand shares, of $100 each. In January, 1893, defendant became, and still is, a stockholder in the corporation,…
2Cases cited14 opinions
- Geib v. ReynoldsSupreme Court of Minnesota · 1886
- William Deering & Co. v. PetersonSupreme Court of Minnesota · 1898
- Kile v. Town of YellowheadIllinois Supreme Court · 1875
- Marvin v. FosterSupreme Court of Minnesota · 1895
- In re People's Live Stock InsuranceSupreme Court of Minnesota · 1894
9 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Northwestern Trust Co. v. BradburySupreme Court of Minnesota · 1912
- Shearer v. BarnesSupreme Court of Minnesota · 1912
- Willius v. MannSupreme Court of Minnesota · 1904
- Austin v. DufferCourt of Appeals of Texas · 1926
- Northwestern Trust Co. v. BradburySupreme Court of Minnesota · 1910
7 more not listed; retrieve them via the Exa API.