Gallagher v. Irish-American Bank
Supreme Court of Minnesota
Action in the district court for Hennepin county to enforce the liability of stockholders in defendant bank. Judgment was entered in favor of plaintiff and the intervening creditors, determining and adjudging the liability of the stockholders. From an order denying a motion to modify the judgment, W. D. Hale, as receiver of the American Savings &• Loan Association, one of the intervening creditors, appealed.
1Opinion of the CourtLovely, J.
The Irish-American Bank became insolvent, and made an assignment under the insolvency laws of this state. Its avails liquidated only 35 per cent, of its debts in that proceeding, and this action was brought by plaintiff for himself and other creditors, under the statute (G. S. 1894, § 5903, et seq.), to recover from the stockholders the deficiency. Some time after the commencement of this action, W. D. Hale was, upon proper cause, permitted to intervene therein for the American Savings & Loan Association, and, setting up a' claim for that company, asked to be allowed to participate in the…
2Cases cited7 opinions
- Beckett v. Northwestern Masonic Aid Ass'nSupreme Court of Minnesota · 1897
- Grant v. SchmidtSupreme Court of Minnesota · 1875
- O'Brien v. ManwaringSupreme Court of Minnesota · 1900
- Semrow v. SemrowSupreme Court of Minnesota · 1876
- Manwaring v. O'BrienSupreme Court of Minnesota · 1899
2 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Barrett v. SmithSupreme Court of Minnesota · 1931
- Savela v. EricksonSupreme Court of Minnesota · 1917
- Leeker v. LeekerArizona Supreme Court · 1921
- Wilson v. City of Fergus FallsSupreme Court of Minnesota · 1930
- In Re Estate of SimonSupreme Court of Minnesota · 1932
15 more not listed; retrieve them via the Exa API.