Taylor v. Fanning
Supreme Court of Minnesota
Action in the district court for Watonwan county by plaintiff, as receiver of Madelia. Farmers’ Warehouse Company, to vacate a judgment entered against said company in favor of defendants and to cancel certain promissory notes upon which the judgment was based. The case was tried before Cray, J., who found in favor of defendants. From a judgment entered pursuant to the findings, plaintiff appealed.
1Opinion of the CourtCollins, J.
The plaintiff in this case was also plaintiff in Taylor v. Mitchell, 80 Minn. 492, 83 N. W. 418. Five of the defendants in that case are the same as in this. The facts do not differ particularly, except that the lien on corporate real property was there secured by means of a mortgage, while here a lien upon the same property was secured through a judgment. The defendant corporation was insolvent prior to. May 80, 1895, and thereafter continued to be. These defendants were six of the seven persons constituting its board of directors, and, claiming that the corporation was indebted to them on…
2Cases cited1 opinion
- Taylor v. MitchellSupreme Court of Minnesota · 1900
3Cited by8 opinions
- Snyder Electric Co. v. FlemingSupreme Court of Minnesota · 1981
- Stuart v. LarsonCourt of Appeals for the Eighth Circuit · 1924
- St. James Capital Corp. v. Pallet Recycling Associates of North America, Inc.Court of Appeals of Minnesota · 1999
- Swanson v. Tomlinson Lumber Mills, Inc.Supreme Court of Minnesota · 1976
- Savage v. Madelia Farmers' Warehouse Co.Supreme Court of Minnesota · 1906
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