Wellerding v. West Norwood Bldg. L. Co.

OPINION

By HAMILTON, J.

Appellant, Henry Welerding, plaintiff below, brought his action for money damages against the West Norwood Building & Loan Company, appellee here.

In his petition plaintiff alleged that on May 14, 1935, he and his wife purchased seven shares o ft-he capital stock of the defendant company, in the sum of $3,500, which was then the estimated value of said seven shares of the capital stock. The stock was not paid for at the time of purchase, but plaintiff and his wife agreed to pay on the principal weekly dues in a sum agreed upon with interest, upon this debt of $3,500, and…