Agnew v. L. W. Henneberger Company

Opinion of the Court by

Creal, Commissioner

Affirming.

On September 14, 1932, John W. Agnew instituted this action in the McCracken circuit court against the L. W. Henneberger Company, a corporation, alleging that under its charter defendant was authorized to issue and sell preferred stock; that he acquired by purchase from defendant 10 shares of its preferred stock, a certificate for which was issued to him on June 1, 1930, and by which it promised and agreed to pay to him on January 1, 1932, dividends due thereon and also the sum of $100 per share; that on June 1, 1930, the defendant issued to…