Dwinnell v. Badger
Supreme Court of Minnesota
Petition in the district court for Hennepin county by William S. Dwinnell for a reasonable allowance as attorney's fee, and disbursements, for services rendered by him in proceedings to enforce the liability of stockholders in the insolvent Northern Trust Company.
Read the full summary
Petition in the district court for Hennepin county by William S. Dwinnell for a reasonable allowance as attorney's fee, and disbursements, for services rendered by him in proceedings to enforce the liability of stockholders in the insolvent Northern Trust Company. The petition recited the facts concerning the litigation which are given in the opinion, and averred that $50,0.00 could have been collected from resident stockholders and $50,000 additional, by compromise and suits, from nonresident stockholders; and that the settlement with creditors at 40 cents on the dollar was directly due to…
1Opinion of the CourtMitchell, J.
For the purpose of sustaining the order appealed from, we must assume that the court found as true the state of facts most favorable to the order which the evidence would justify.
The short facts may therefore be stated as follows: Sequestration proceedings were instituted against the Northern Trust Company, an insolvent moneyed corporation, and a receiver of its property appointed pursuant to the provisions of G. S. 1894, c. 76. A creditor of the corporation intervened in these proceedings, and *408upon his application all its resident stockholders were made parties for the purpose of enforcing…
2Cited by2 opinions
- Fish, Receiver v. SmithSupreme Court of Connecticut · 1900
- Helm v. Smith-Fee Co.Supreme Court of Minnesota · 1900