Geary St., Park & Ocean R.R. v. Bradbury Estate Co.

THE COURT.

Defendant appeals from an adverse judgment.

By this action the plaintiff sought to recover the amount of a call upon the original subscription to thirty shares of the capital stock of plaintiff owned at the date of the commencement of the action by the defendant. The court found defendant liable for the payment of the amount of the levied assessment.

The facts are as follows: In 1915 plaintiff, being indebted in the' sum of about three hundred thousand dollars, issued a call upon the unpaid subscriptions to its capital stock for $34 a share. This stock involved in the appeal before us…