In re Bibb Co.

• Decision Date: 12 April 1912
• Citation: 117 Minn. 214,135 N.W. 385
• Parties: In re BIBB CO. Appeal of OLSON.
• Court: Minnesota Supreme Court

117 Minn. 214

135 N.W. 385

In re BIBB CO. Appeal of OLSON.

Supreme Court of Minnesota.

April 12, 1912.

Appeal from District Court, Hennepin County; E. F. Waite, Judge.

Application of the Bibb Company for an order dissolving the corporation. From an order granting petition and appointing a trustee, William F. Olson, a creditor appeals. Affirmed.

Syllabus by the Court

‘Finance and Commerce,’ a daily paper published in Minneapolis, is a newapaper qualified as a medium of official and legal publications, under R. L. 1905, s 5515. Harry Rauch, of Minneapolis, for appellant.

H. T. Park, of Minneapolis, for respondent.

BUNN, J.

The Bibb Company, a corporation, on December 23, 1910, petitioned the district court for Hennepin county for an order dissolving said corporation and appointing a trustee to collect and distribute its assets. The court ordered the petition heard at a special term to be held January 20, 1912, and that notice of the order be given by publishing a copy of the same in a legal newspaper in the county of Hennepin for three successive weeks. Petitioner caused the order to be published in ‘Finance and Commerce’ for three successive weeks, and the court on January 20th, after hearing the evidence, granted the petition and appointed a trustee, who qualified and proceeded to act as such. February 21, 1912, William F. Olson, a creditor of the corporation, moved the court for an order setting aside its order of January 20th appointing the trustee, on the ground that ‘Finance and Commerce’ was not a qualified newspaper. This motion was heard by the trial court on a stipulation of facts, and denied. Olson appealed to this court.

The question before us is whether ‘Finance and Commerce’ is a qualified newspaper under the laws of this state. The facts, as shown by the stipulation and the copies of the publication made part of the record, are as follows: Olson had no actual notice of the proceedings and was not a subscriber to the paper. ‘Finance and Commerce’ is a paper published daily in Minneapolis in the English language, and has been so published for more than 12 years. It consists of not less than four pages, containing six columns on each page, and is delivered each day, except Sunday, to 1,100 paying subscribers in and near Minneapolis. In short, ‘Finance and Commerce’ is qualified as a medium of official and legal publications, under R. L. 1905, § 5515, and the acts amendatory thereof, unless it does not comply with subdivision 3 of section 5515, providing that it shall ‘contain general and local news, comment and miscellany.’ The stipulation states that the columns of ‘Finance and Commerce’ are devoted primarily to the publication of legal matters, including the United States courts, the Supreme Court of this state, and the district, probate, and municipal courts of Hennepin and Ramsey counties, giving a complete report of the cases filed, the cases tried, and the results of such trials, the calendar of bankruptcy proceedings, the calendar of cases standing for trial in the courts, and the general proceedings of Congress and the state Legislature when in session, a complete daily record of all instruments filed in the office of the registers of deeds of Hennepin county and of Ramsey county, all chattel mortgages and releases filed, all corporations organized, and all sales of real estate under judicial process. It contains ‘at least two or more columns of news, including general,...