Gentilly Land Co. v. Crawford

LE BLANC, Justice.

In this proceeding there is involved the validity, vel non, of Certificate No. 9 for 2500 shares of the common stock of the plaintiff corporation, Gentilly Land Company, Inc. The certificate was issued in the name of Ronald A. Hymel on July 30, 1951 at a par value of one cent per share.

' The plaintiff corporation was organized •for the purpose of acquiring certain lands on which a cemetery for the burial of colored people would be developed. The idea seems to have been conceived by Hymel who later was joined in the enterprise by Charles J. Lange and G. Charles Porpora. At a…