HUNT v. NEVADA STATE BANK

Nos. 41697-41703, 41855-41857, 41884, 41885.

172 N.W.2d 292 (1969)

Thomas C.HUNT, Conservator and Trustee of North Central Fire & Casualty Co., et al., Appellants, v. STATE BANK, et al., Appellants, Harold L. Burke, et al., Respondents. Thomas C. HUNT, Conservator and Trustee of North Central Fire & Casualty Co., Respondent, v. NEVADA STATE BANK, et al., Defendants, Don F. Roberts, et al., Appellants, First National Bank of St. Paul, Respondent. Thomas C. HUNT, Conservator and Trustee of North Central Fire & Casualty Co., Plaintiff, v. NEVADA STATE BANK, et al., Defendants, Murphy Finance Co., Appellant, Pioneer Casualty Co., et al., Respondents, Delta Insurance Company, Ltd., Respondent.

Supreme Court of Minnesota.

October 22, 1969.


Attorney(s) appearing for the Case

Douglas M. Head, Atty. Gen., Clay R. Moore, Sp. Asst. Atty. Gen., Minneapolis, for Hunt.

Goff & Goff, St. Paul, for Nevada St. Bank.

Van Valkenburg, Moss & Flaherty, Minneapolis, for Bank of Nevada.

Feidt, Lang & Pauly, and Robert L. Smith, Minneapolis, for Fidelity & Deposit Co.

Henson & Webb, and Walter Richey, Minneapolis, for Roberts, Riley, Yearbury, Balsiger & Delta Ins. Co.

Dorsey, Marquart, Windhorst, West & Halladay, James B. Vessey and William B. Payne, Minneapolis, for Murphy Finance Co.

O'Connor, Green, Thomas, Walters & Kelly and Frank J. Walz, Minneapolis, for Burke & Pioneer companies.

Henson & Webb and Walter Richey, Minneapolis, for Roberts, Riley, Yearbury and Delta Ins. Co.

Briggs & Morgan, and Samuel Hanson, St. Paul, for First Nat. Bank of St. Paul.

Heard before KNUTSON, C. J., and OTIS, ROGOSHESKE, SHERAN, and PETERSON, JJ.


OPINION

PETERSON, Justice.

The central issue in this case is whether Minnesota can assert jurisdiction over numerous nonresident defendants in actions arising out of an alleged conspiracy to convert assets of an insurance company, most of whose policyholders are residents of Minnesota. Twenty of the original defendants are nonresident corporations and individuals; three of the defendants are residents of this state. Twelve of these, either as defendants...

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