Mills v. Friedman

1. This is a motion on demurrer interposed by the defendant Friedman to the plaintiff’s complaint on the ground that it fails to state facts sufficient to constitute a cause of action. The action is brought by the plaintiff as trustee in bankruptcy of the Playthings Corporation to recover from the *255defendant the sum of $4,882.50, the balance claimed to be due and unpaid upon defendant’s alleged subscription for 217 shares of the capital stock of such corporation of the par value of twenty-five dollars each.

Prior to the alleged subscription the defendant had become a stockholder and held twenty…