Jaeger v. Naef

The opinion of the court was delivered by

Hehee, J.

Plaintiff seeks the recover}'' of moneys claimed to have been advanced by him to defendant for the purchase of capital stock of a corporation in which they were stockholders. The complaint is in two counts. The first alleges that "defendant at plaintiff’s request, advanced and paid the sum of $400 to Mrs. Barbara Walter, for three shares of stock of the Irvington Sand Company, Incorporated,” and that these shares “were issued to defendant and retained by him.” The second count avers that “plaintiff loaned to defendant $400, to be repaid on…