Janney v. Minneapolis Industrial Exposition
Supreme Court of Minnesota
Action in the district court for Hennepin county to enforce the liability of stockholders in defendant corporation. The case was tried before Simpson, J., who found in favor of plaintiffs. From an order denying a motion for a new trial, certain defendants appealed. The corporation was not dissolved because of the assignment, nor did it release plaintiffs from their office or duties as directors. 2 Morawetz, Corp. § 636; 5 Thompson, Corp. § 6582; Second Nat.
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Action in the district court for Hennepin county to enforce the liability of stockholders in defendant corporation. The case was tried before Simpson, J., who found in favor of plaintiffs. From an order denying a motion for a new trial, certain defendants appealed. The corporation was not dissolved because of the assignment, nor did it release plaintiffs from their office or duties as directors. 2 Morawetz, Corp. § 636; 5 Thompson, Corp. § 6582; Second Nat. Bank v. New York Silk Mnfg. Co., 11 Fed. 532; G-. S. 1894, § 3405. The corporation, by virtue of the assignment did not devest itself of…
1Opinion of the CourtStart, C. J.
This is an action brought under G. S. 1894, c. 76, by the creditors of the defendant corporation, to enforce the stockholders’ liability for its debts. The trial court made its findings of fact and conclusions of law ordering judgment against all of the defendants. Certain defendants appealed from an order denying their motion for a new trial. There is no settled case or bill of exceptions, and the general question to be here determined is whether the conclusions of law of the trial court are justified by the facts found.
The here essential facts are these: The defendant the Minne*493apolis…
2Cases cited7 opinions
- Twin-Lick Oil Co. v. MarburySupreme Court of the United States · 1876
- Beach v. MillerIllinois Supreme Court · 1889
- Oswald v. Minneapolis Times Co.Supreme Court of Minnesota · 1896
- McDowall v. . SheehanNew York Court of Appeals · 1891
- Thacher v. KingMassachusetts Supreme Judicial Court · 1892
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3Cited by13 opinions
- Leonard v. Mylex Corp. (In Re Northgate Computer Systems, Inc.)United States Bankruptcy Court, D. Minnesota · 1999
- Gall v. CowellWest Virginia Supreme Court · 1937
- Taylor v. MitchellSupreme Court of Minnesota · 1900
- Erickson-Hellekson-Vye Co. v. A. Wells Co.Supreme Court of Minnesota · 1944
- McClean v. BradleyDistrict Court, N.D. Ohio · 1922
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