Kennedy v. Norton
Washington Supreme Court
Appeal from a judgment of the superior court for Snohomish county, Bell, J., entered January 29, 1915, upon findings in favor of the defendants, dismissing an action to recover upon an unpaid stock subscription, tried to the court.
1Opinion of the CourtMorris, C. J.
Appellant is a judgment creditor of the Green Bay Logging & Timber Company, an insolvent corporation. Execution having been issued and returned unsatisfied, this action was brought against Gardiner and Norton upon an alleged unpaid stock subscription. The only question to be determined is whether Gardiner and Norton have fully paid for their stock.
Gardiner was one of the original stockholders of the logging company, subscribing to one-third of its capital stock of the value of $4,000. Gardiner and two associates were the owners of timber and logging contracts of the value of $12,000.…
2Cases cited2 opinions
- Inland Nursery & Floral Co. v. RiceWashington Supreme Court · 1910
- Gold Ridge Mining & Development Co. v. RiceWashington Supreme Court · 1914
3Cited by4 opinions
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- Chesney v. District Court of Salt Lake CountyUtah Supreme Court · 1941
- State ex rel. Ladd & Tilton Bank v. Superior CourtWashington Supreme Court · 1921
- State ex rel. Swan v. Superior CourtWashington Supreme Court · 1919