Denny v. North Western Christian University

Suit by the University against Denny, upon a stock subscription, by which he subscribed for one share of stock, payable in lumber. Demurrer to the complaint overruled, and exception taken. Issue; trial by the Court; finding and judgment for the plaintiff, a new trial being refused.

The objections to the complaint are, that it does not disclose the date of Denny's subscription, and also that the corporation had no power to take any thing but a cash subscription.

The subscription set out does not contain any date, nor does the complaint show when it was made. But where time is not material, as it…