Blades v. Schmidt

O’Quinn, justice.

This is a suit by J. R. Blades, trustee of the bankrupt estate of Mayer & Schmidt Department Store, Inc., a Texas corporation, against Elizabeth K. Schmidt, executrix of the estate of John Schmidt, deceased, Elizabeth K. Schmidt individually, H. J. Schmidt, and the Commercial State Bank of Nacogdoches, Tex. The plaintiff sought recovery of $1,000 against Elizabeth K. Schmidt, individually, and a like amount against H. J. Schmidt by reason of an alleged unpaid stock subscription alleging that each of them subscribed to $1,000 worth of stock in said corporation and that the…