Cattell v. Denver State Bank

The plaintiff in error, plaintiff below, on September 24, 1919, subscribed for five shares of a proposed increase of the capital stock of The Denver State Bank, one of the defendants in error, and a codefendant in the district court, and also here, with the state bank commissioner in possession after insolvency. The written contract of subscription provides that the money received thereon, less the selling expense, shall be deposited under a special account in the bank to the credit of the subscriber until all of the proposed increase is subscribed and paid. The proposed increase was never…