Argall v. Sullivan
Supreme Court of Minnesota
Action in the district court for Polk county by the assignee of a judgment creditor of defendant corporation, East Grand Forks Fair & Driving Association, for sequestration of its property and enforcement of the statutory liability of its stockholders. From an order, Watts, J., overruling á demurrer to the complaint, defendant T. A. Sullivan and other stockholders appealed.
1Opinion of the CourtLovely, J.
A judgment was obtained against a corporation known as the “East Grand Forks Fair & Driving Association” for a substantial sum. Execution was issued thereon,. which was returned . unsatisfied, and the corporation has no property to satisfy this or claims of other parties to whom it is indebted. The judgment was assigned to the present plaintiff, who brings this action to sequestrate the property of defendant, and to collect unpaid subscriptions for stock from stockholders, who are also made defendants in the action.
The prayer for relief asks for a receiver to bring action for such unpaid…
2Cited by2 opinions
- Lowry v. City of DuluthSupreme Court of Minnesota · 1905
- Alford v. Consolidated Fire & Marine InsuranceSupreme Court of Minnesota · 1903