Greenville Community Hotel Corp. v. Reams

The opinion of the Court was delivered by

Mr. Justice Stabrer.

The plaintiff commenced this action in the County Court for Greenville County to recover from the defendant the sum' of $2,000, with interest, attorney’s commission, and costs. The basis of the action was a contract of subscription to shares of the capital stock of the plaintiff corporation, which later erected the Poinsett Hotel, and a promissory note given as evidence of the obligation.

•The complaint alleges that on the 26th day of October, 1923, the defendant, in writing, subscribed for 20 shares of the capital stock of the…