Southern Trust & Deposit Co. v. Teatman

ACHESON, Circuit Judge.

The material facts of this case, as disclosed by the evidence, all of which was received without objection, are as follows:

On April 19, 1901, John Sherman, who was soliciting subscriptions to the stock of the Southern Trust & Deposit Company, the *811plaintiff below and in error, before the organization of the company, visited John C. Yeatman, the defendant, at Kennett Square, Pa., where he resided, and requested him to subscribe to the stock; and it was then and there agreed between the two that Yeatman would take. 200 shares of the stock, of the par value of $50 each, at…