From Casetext: Smarter Legal Research

Donaldson v. Chase Securities Corp.

Supreme Court of Minnesota
Jan 10, 1941
296 N.W. 518 (Minn. 1941)

Opinion

Nos. 32,572, 32,625.

January 10, 1941.

Case followed.

Action in the district court for Hennepin county to rescind a sale of stock to plaintiff by defendant, a foreign corporation, on the ground of violation of the blue sky law, and to recover the purchase price thereof. After findings for plaintiff, Winfield W. Bardwell, Judge, defendant appealed from the judgment. Reversed, following Pomeroy v. National City Co. 209 Minn. 155, 296 N.W. 513.

Stinchfield, Mackall, Crounse Moore and John M. Palmer, for appellant.

Streissguth Gislason and Leonard, Street Deinard, for respondent.



Our decision in a companion case, Pomeroy v. National City Co. 209 Minn. 155, 296 N.W. 513, is decisive of the only question presented by this appeal and requires reversal of the judgment under review.

This record indicates the presence of issues other than that of the tolling of the statute of limitations. If in respect to such issues there are further proceedings below, this decision is without prejudice to them or to the result.

Reversed.


We dissent.


Summaries of

Donaldson v. Chase Securities Corp.

Supreme Court of Minnesota
Jan 10, 1941
296 N.W. 518 (Minn. 1941)
Case details for

Donaldson v. Chase Securities Corp.

Case Details

Full title:RUTH CHASE DONALDSON v. CHASE SECURITIES CORPORATION (NOW AMEREX HOLDING…

Court:Supreme Court of Minnesota

Date published: Jan 10, 1941

Citations

296 N.W. 518 (Minn. 1941)
296 N.W. 518

Citing Cases

McDonnell v. Comm'r of Internal Revenue

On appeal, the state supreme court reversed on this issue and remanded for further proceedings ‘on issues…

Donaldson v. Chase Securities Corp.

The case then went back for findings on the deceit issue, which were in favor of plaintiff. Pomeroy v.…