Murphy v. Sincere

Mr. Presiding Justice McSurely

delivered the opinion of the court.

Plaintiff as the owner of certain bank stock suffered a stockholder’s liability; she sought to recover from defendants, who she says were the actual owners of the stock at the time when her liability accrued, $3,500 she had paid on account. The case was tried by the court upon a stipulation of facts; the court found for defendants and judgment was rendered against plaintiff, from which she appeals. Defendants say they were merely agents, acting for other parties and not for themselves.

October 1, 1931, plaintiff became owner of…