Gordon v. Cummings
Washington Supreme Court
Appeal from a judgment of the superior court for King county, Humphries, J., entered August 6, 1913, upon findings in favor of the defendants, in an action upon unpaid stock subscriptions, tried to the court.
1Opinion of the CourtChadwick, J.
This is an action by a receiver, to recover to the extent of ten per cent of the par value of certain stock, issued by the Realty Owners Syndicate, and Fidelity Guaranty Company, an insolvent corporation. A number of the stockholders have joined as defendants, and several of them have moved to dismiss the appeal, in so far as it affects the movers, upon the ground that the amount in controversy is less than $200. The moving defendants insist that, inasmuch as the receiver has sued for only a percentage of the full amount due, admitting a liability to exist, the amount in controversy is to be…
2Cases cited18 opinions
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