State ex rel. Pope v. Germania Bank
Supreme Court of Minnesota
After the decision upon the former appeal (103 Minn. 129) the question whether the former receiver of the insolvent Germania Bank of St. Paul was liable for negligence in his office was tried in the district court for Ramsey county before Olin B. Lewis, J., who found that by reason of the neglect of the former receiver to bring suits 'against certain stockholders to enforce their liability under the assessment made on September 17, 1903, the estate lost $31,012.50 and…
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After the decision upon the former appeal (103 Minn. 129) the question whether the former receiver of the insolvent Germania Bank of St. Paul was liable for negligence in his office was tried in the district court for Ramsey county before Olin B. Lewis, J., who found that by reason of the neglect of the former receiver to bring suits 'against certain stockholders to enforce their liability under the assessment made on September 17, 1903, the estate lost $31,012.50 and directed that the account of the receiver be surcharged by that amount. From an order denying a new trial and from the order…
1Opinion of the CourtLewis, J.
Appeal from an order surcharging appellant’s account with the sum of $31,012.50 on account of his failure to bring suit against certain stockholders before the statute of limitations expired.
*165On July 26, 1899, appellant was appointed receiver of the Germania Bank of St. Paul, insolvent, under the provisions of chapter 145, p 298, Laws 1895.. On September 17, 1903, an assessment of one hundred cents on the dollar was made upon all the stock of the bank under the provisions of chapter 272, p. 315, Laws 1899. Upon appeal from that order, it was decided that the stockholders of the reorganized…
2Cases cited8 opinions
- Waterman v. AldenIllinois Supreme Court · 1893
- In Re the Accounting of CornellNew York Court of Appeals · 1888
- State ex rel. Pope v. Germania BankSupreme Court of Minnesota · 1908
- Willius v. AlbrechtSupreme Court of Minnesota · 1907
- Willius v. MannSupreme Court of Minnesota · 1904
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3Cited by3 opinions
- Leskinen v. PuceljSupreme Court of Minnesota · 1962
- Athanason v. HubbardDistrict Court of Appeal of Florida · 1969
- Richins v. MitchellUtah Supreme Court · 1967