Rice v. Fletcher Savings & Trust Co.

On May 7, 1928, the persons hereafter named separately owned stock in the Reserve Loan Life Insurance Company as follows: William R. Zulich, twenty-four hundred shares; Ida M. Zulich, twenty-five hundred shares; Frank L. Truitt, one hundred shares, Guilford A. Deitch, four thousand shares; Guy L. Stayman, one thousand shares; Josephine B. Stay-man, five thousand shares. On that day they entered into an agreement with the Fletcher Savings and Trust Company whereby they assigned said stock to it as trustee and constituted it their lawful attorney to vote said stock for certain persons therein…