Legal Opinion

Frost v. St. Paul Banking & Investment Co.

Supreme Court of Minnesota

Decided May 24, 1894No. 8671PublishedCited by 15 opinions

Appeal by defendants, Daniel W. Lawler and Arthur B. Ancker, from a judgment of the District Court of Ramsey County, Charles D. Kerr, J., entered April 21, 1893, against them and others. The defendant, the St. Paul Banking and Investment Company, is a corporation organized September 1, 1887, under 1878 G-. S. ch. 34, Title 2, to buy, improve and sell lands and to deal in stocks and securities and loan money.

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Appeal by defendants, Daniel W. Lawler and Arthur B. Ancker, from a judgment of the District Court of Ramsey County, Charles D. Kerr, J., entered April 21, 1893, against them and others. The defendant, the St. Paul Banking and Investment Company, is a corporation organized September 1, 1887, under 1878 G-. S. ch. 34, Title 2, to buy, improve and sell lands and to deal in stocks and securities and loan money. It rented of plaintiff, Newton R. Frost offices at Nos. 28 and 30' East Fourth street, St. Paul, for two years at $133.33 per month payable monthly in advance. Wallace J. Hope, W. H.…

1Opinion of the CourtGtlfillan, C. J.

Newton B. Frost, having recovered two judgments against the corporation defendant, instituted proceedings against it, under 1878 G. S. ch. 76, § 9, making these appellants and others stockholders of the corporation, codefendants, for the pur*330pose of enforcing their liability for unpaid subscriptions, and their statutory liability. Another creditor of the corporation came into the proceeding, and proved his claim. And such proceedings were had that the court entered a decree establishing the claims of Frost and of the other creditor; appointing a receiver; determining the liability of each of…

2Cited by15 opinions

  1. Holland v. Duluth Iron Mining & Development Co.Supreme Court of Minnesota · 1896
  2. Tabor v. Commercial Nat. Bank of ClevelandCourt of Appeals for the Eighth Circuit · 1894
  3. Kells v. Nelson-Tenney Lumber Co.Supreme Court of Minnesota · 1898
  4. Oswald v. St. Paul Globe Publishing Co.Supreme Court of Minnesota · 1895
  5. Breen v. CameronSupreme Court of Minnesota · 1916

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