Texas Printing & Lithographing Co. v. Smith

Opinion by

Willson, J.

§ 4. Subscription contract; when material alteration of will discharge subscriber; case stated. This is a suit by appellant to recover of appellee $1,000 upon a subscription contract, which contract reads as follows: “April 16, 1888. We, whose names are hereto subscribed, agree among ourselves to form a private corporation under the laws of the state of Texas, to be named the ‘Texas Printing and Lithographing Company,’ to be chartered with an authorized capital stock of $100,000. And whenever as much of said stock has been subscribed as $20,000, we, each for himself,…