Smith v. Hutson

SIMPSON, Justice.

Appellant, Jessie Lewis Smith, filed a petition for mandamus in the circuit court of Morgan County against Melvin Hutson, president of Mutual Savings Life Insurance Company, a corporation. The petition alleged that upon receiving the proper payment, the corporation above referred to issued a certificate for one hundred shares of stock to “Jessie Lewis Smith or Jack Neill.” Subsequent thereto a certificate for a one-hundred-percent stock dividend was issued in like manner. Appellant transferred the last-mentioned one hundred shares to herself by an indorsement and appointed…