Shearer v. Christy
Supreme Court of Minnesota
Action in the district court for Hennepin county by . the receiver of Minnesota Title Insurance & Trust Company, insolvent, to recover $3,-875, the amount of an assessment of $50 per share ordered by that court on May 27, 1915, upon 77% shares of capital stock of the insolvent corporation owned by defendant. From an order, Molyneaux, J., overruling a demurrer to the complaint, defendant appealed.
1Opinion of the CourtHolt, J.
In the order overruling the demurrer to the complaint the trial court certified the question involved as doubtful and important, thus permitting an appeal.
The only claim in support of the demurrer is that the complaint discloses the action to be barred by the statute of limitations. Plaintiff is receiver of the Minnesota Title Insurance & Trust Company, a corporation, duly organized October 1, 1885, under chapter 107, p. 133, Laws 1883. The state public examiner, on March 26, 1907, deeming the corporation insolvent, on relation of the state, instituted an action against it for the…
2Cases cited13 opinions
- Bernheimer v. ConverseSupreme Court of the United States · 1907
- Carrol v. GreenSupreme Court of the United States · 1876
- McDonnell v. Alabama Gold Life InsuranceSupreme Court of Alabama · 1888
- Straw & Ellsworth Manufacturing Co. v. L. D. Kilbourne Boot & Shoe Co.Supreme Court of Minnesota · 1900
- Rankin v. BartonSupreme Court of the United States · 1905
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3Cited by11 opinions
- Cowden v. WilliamsArizona Supreme Court · 1927
- Greenfield v. Hill City Land, Loan & Lumber Co.Supreme Court of Minnesota · 1919
- Denny, State Banking Commr. v. KennedyCourt of Appeals of Kentucky (pre-1976) · 1929
- Knipple v. LipkeSupreme Court of Minnesota · 1941
- Miller v. AhnemanSupreme Court of Minnesota · 1931
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