Washington Trust Co. v. Blalock

The canses above entitled, while involving separate judgments from which separate appeals were taken, have common parties, and present the same ultimate question. They were, for that reason, ordered consolidated for the purpose of hearing in this court, and can best be considered in one opinion.

The facts in the main are undisputed. In the years 1907 and 1908, J. B. Blalock and his then wife, Martha H. Blalock, purchased all, of the capital stock, one hundred shares, of a corporation called in the record the W. & B. A. Investment Company. The corporation owned certain real property situated in…