Farmers Union Exchange v. York
Opinion
This is an action by plaintiff corporation and its directors to recover a 100 per cent, assessment on the paid-up stock of defendants in the corporation. The stock in question was nonassessable, but plaintiffs allege that such assessment was authorized by the board of directors- and stockholders. The district court for Phelps county found in favor of -defendants and plaintiffs have appealed.
We have carefully examined the record and find the same to be free from prejudicial error. The judgment of the district court is therefore
Affirmed.
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230 N.W. 953 (Farmers Union Exchange v. York) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.