Johnstone v. George
Washington Supreme Court
Appeal from a judgment of the superior court for King county, Kauffman, J., entered July 24, 1909, upon findings in favor of the defendant, in an action to enforce liability for an unpaid subscription to the capital stock of a corporation, after a trial on the merits before the court without a jury.
1Opinion of the CourtMorris, J.
Action to recover upon the statutory liability for unpaid subscription to the capital stock of the H. N. Nelson Company. The court below found that respondent *145was the owner of one share of the stock of the insolvent company, and gave judgment against him in the sum of eight dollars. It was also found that Black held four hundred and ninety-nine shares as collateral security for a loan of $1,000 to the company, and as to such stock he was discharged from liability, and the receiver appeals.
The first contention of appellant is that respondent is the owner of five hundred shares of the capital…
2Cases cited5 opinions
- Burgess v. SeligmanSupreme Court of the United States · 1883
- Matthews v. AlbertCourt of Appeals of Maryland · 1866
- McMahon v. . MacYNew York Court of Appeals · 1872
- Union Savings Ass'n v. SeligmanSupreme Court of Missouri · 1887
- Baker v. Old Nat. Bank of ProvidenceU.S. Circuit Court for the District of Rhode Island · 1898
3Cited by2 opinions
- Mitchell v. Banking CorporationMontana Supreme Court · 1933
- Chapman v. MarsicoCourt of Appeals of Texas · 1925