Supreme Court of Minnesota August 16, 1894, No. 8777 (Walther v. Seven Corners Bank)

Collins, J.

August 1,1893, the defendant bank, incorporated under the laws of this state, made an assignment under the insolvency laws to one Westfall, who thereupon qualified as required by statute, entered upon, and has ever since been engaged in administering, the trust contained in the deed of assignment.