Northern Trust Co. v. Consolidated Elevator Co.
Supreme Court of Minnesota
Action in the district court for St. Louis county to recover $10,355.61 for conversion of grain. The answer alleged, among other matters, that defendant purchased certain grain from the North Dakota Grain Company in good faith, in the usual course of business, without any knowledge or notice of any unlawful act on the part of the grain company, and, relying on the title of the grain company to the grain so purchased by it, paid the full market value of all grain so…
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Action in the district court for St. Louis county to recover $10,355.61 for conversion of grain. The answer alleged, among other matters, that defendant purchased certain grain from the North Dakota Grain Company in good faith, in the usual course of business, without any knowledge or notice of any unlawful act on the part of the grain company, and, relying on the title of the grain company to the grain so purchased by it, paid the full market value of all grain so purchased, and the grain so purchased and received by defendant became the lawful property of defendant, and set up a…
1Opinion of the Court
Lees, C.
Appellant, as surety on the bond of a public warehouseman given pursuant to the statutes of North Dakota, having paid the amount of the bond for the benefit of the owners of grain stored with such warehouseman, brought this action against respondent for the alleged conversion of such grain.
Respondent interposed a counterclaim for the amount it had been required to pay for the benefit of such owners. The warehouseman had become insolvent and failed to redeem the storage receipts it had issued for the grain. A jury trial was waived. The court denied relief to appellant and awarded…
2Cases cited25 opinions
- United States v. Detroit Timber & Lumber Co.Supreme Court of the United States · 1906
- Emmert v. ThompsonSupreme Court of Minnesota · 1892
- American Bonding Co. v. National Mechanics BankCourt of Appeals of Maryland · 1903
- First Nat. Bank of Seattle v. City Trust, Safe Deposit & Surety Co.Court of Appeals for the Ninth Circuit · 1902
- Kettle River Railroad v. Eastern Railway Co.Supreme Court of Minnesota · 1889
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3Cited by54 opinions
- Meyers v. Bank of America National Trust and Savings Ass'nCalifornia Supreme Court · 1938
- American Surety Co. v. Bank of CaliforniaCourt of Appeals for the Ninth Circuit · 1943
- Westendorf Ex Rel. Westendorf v. StassonSupreme Court of Minnesota · 1983
- Medica, Inc. v. Atlantic Mutual Insurance Co.Supreme Court of Minnesota · 1997
- King Cattle Co. v. JosephSupreme Court of Minnesota · 1924
49 more not listed; retrieve them via the Exa API.