Legal Opinion

American National Bank v. Wheeler-Adams Auto Co.

South Dakota Supreme Court

Decided May 10, 1913PublishedCited by 9 opinions

Appeal from Circuit Court, Minnehaha County. Hon. Joseph W. Jones, Judge. Action 'by the American National Bank against the Wheeler-Adams Auto Company and others, to foreclose a chattel -mortgage. From, a judgment for plaintiff, defendants appeal. Section 434, Civ. Code, was taken from the -Civil Code of California, Beveridge V., N. Y. E. R. Co., 112 N. Y. 1; Hopt v. Thompson’s Exr., 19 N. Y. 216. Petitioner’s mortgage is not a valid lien upon this property.

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Appeal from Circuit Court, Minnehaha County. Hon. Joseph W. Jones, Judge. Action 'by the American National Bank against the Wheeler-Adams Auto Company and others, to foreclose a chattel -mortgage. From, a judgment for plaintiff, defendants appeal. Section 434, Civ. Code, was taken from the -Civil Code of California, Beveridge V., N. Y. E. R. Co., 112 N. Y. 1; Hopt v. Thompson’s Exr., 19 N. Y. 216. Petitioner’s mortgage is not a valid lien upon this property. Alta 'Silver Mining Co. v. Alta Placer Mining -Co., 78 Cal., 629, 21 Pac. 373; Des Moines Mfg. ■Co. v. Tilford Milling Co., 9 S. D. 542.…

1Opinion of the CourtSmith, J.

Appeal from the circuit court of Minnehaha county. Action to foreclose a chattel mortgage. The defendant company became incorporated under the laws of this state about the 1st of March, 1911. The sole incorporators were A. C. Wheeler, Alice M. Wheeler, his wife, and C. D. Adams, the persons designated in the articles of incorporation as directors. The capital stock issued aggregated $6,000, of which C. D. Adams re-' ceived $3,000 par value, A. C. Wheeler, $2,500 par value, and $500 par value to Alice M. Wheeler. The three were the only stockholders of the corporation. About March 1, 1911, a…

2Cases cited24 opinions

  1. People v. North River Sugar Refining Co.New York Court of Appeals · 1890
  2. Blood v. La Serena Land & Water Co.California Supreme Court · 1896
  3. Martin v. Niagara Falls Paper Manufacturing Co.New York Court of Appeals · 1890
  4. Ford v. HillWisconsin Supreme Court · 1896
  5. Curtin v. Salmon River Hydraulic Gold Mining & Ditch Co.California Supreme Court · 1900

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3Cited by9 opinions

  1. Golden v. Oahe Enterprises, Inc.South Dakota Supreme Court · 1976
  2. Wells v. SharpCourt of Appeals for the Eighth Circuit · 1913
  3. City Sav. Bank & Trust Co. v. Shreveport Brick Co.Supreme Court of Louisiana · 1931
  4. First National Bank of Beresford v. NelsonSouth Dakota Supreme Court · 1982
  5. Uline Loan Co. v. Standard Oil Co.South Dakota Supreme Court · 1921

4 more not listed; retrieve them via the Exa API.

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