Kelly v. Republic Building & Loan Ass'n

Vaughan, j.

This suit was instituted by appellant on June 28, 1930, against appellee, a Texas private corporation, to recover on one of its stock certificates issued to appellant February 18, 1928, in the sum of $5,000, and to enjoin appellee, its officers, directors, agents, and employees, from prorating money on hand between all of its stockholders until the full withdrawal value of appellant’s stock be paid to him. Following are appellant’s material allegations:

“That on the 18th day of February, 1928, T. J. Kelly purchased of the defendant corporation 100 shares of its stock, of the value…