Northland Produce Co. v. Stephens
Supreme Court of Minnesota
Action in the district court for Beltrami county to cancel a deed of certain premises and have the title thereto decreed to be in plaintiff, as against defendant.
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Action in the district court for Beltrami county to cancel a deed of certain premises and have the title thereto decreed to be in plaintiff, as against defendant. The complaint alleged that the deed was executed for the sole purpose of securing an indebtedness from plaintiff to defendant and that the instrument, though in form a warranty deed, was in fact a mortgage and was so understood by the parties; that it was further understood and agreed that when the debt of plaintiff to the Merchants National Bank of Crookston should be paid, defendant would reconvey the premises; that plaintiff had…
1Opinion of the CourtBrown, J.
The evidence in the case shows and tends to show the following facts: The Northland Trade Company was a corporation organized under the laws of this state, originally located and doing business in Wadena county. It transferred its business to Bemidji, and for a year or more prior to the time of the transaction involved in this action conducted its affairs at that place. Por some reason, not clearly disclosed by the record, the officers and directors of the corporation conceived the idea of a reincorporation under a new name, the new concern to take over all the property and business of the…
2Cases cited8 opinions
- Ten Eyck v. Pontiac, Oxford & Port Austin RailroadMichigan Supreme Court · 1889
- Davis v. StateWisconsin Supreme Court · 1908
- Hastings Malting Co. v. Iron Range Brewing Co.Supreme Court of Minnesota · 1896
- Central Building & Loan Ass'n v. LampsonSupreme Court of Minnesota · 1895
- State ex rel. Copper Butte Mines v. GuertinSupreme Court of Minnesota · 1908
3 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Franciscan Hotel Co. v. Albuquerque Hotel Co.New Mexico Supreme Court · 1933
- State v. Mortgage Security Co. of Minnesota, Inc.Supreme Court of Minnesota · 1923
- Webster v. U. S. I. Realty Co.Supreme Court of Minnesota · 1927
- Thermopolis Northwest Electric Co. v. IrelandCourt of Appeals for the Tenth Circuit · 1941
- Lano v. Rochester Germicide Co.Supreme Court of Minnesota · 1962
9 more not listed; retrieve them via the Exa API.