McMullen v. People's Savings & Loan Ass'n
Supreme Court of Minnesota
Appeal by defendant, People’s Savings and Loan Association of Minneapolis, from an order of the District Court of Hennepin County, Henry Q. Hicks, J., made January 6, 1894, denying its motion for a new trial. The case is stated in the opinion of the court. cited First Nat. Bank v. Free, 67 Ia. 11; St. Paul Nat. Bank v. Cannon, 46 Minn. 95; Lowery v. Western Union Tel. Co., 60 N. Y. 198; Jung v. Second Ward Sav. Bank, 55 Wis. 364.
1Opinion of the CourtMitchell, J.
Plaintiff was the owner of three shares of stock in the defendant corporation, which she had a right, under its charter and by-laws, to retire at their then cash value by giving-sixty days’ notice of such intention. The-plaintiff resided in Rochester, N. Y., and the defendant’s place of business was in Minneapolis. On February 17th the plaintiff had given defendant notice of her intention to exercise this right to retire her stock. On April 21st, on the expiration of the sixty days, defendant wrote to plaintiff as follows:
“I herewith inclose three vouchers for you to execute. Please date and…
2Cited by7 opinions
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