Christensen v. Pugh

LARSON, District Judge.

Plaintiff commenced this action in the district court of Salt Lake county against the defendants, seeking a judgment for $12,000 for an alleged conversion of 50,000 shares of stock in the Park-Bingham Mining Company. He alleges in his amended complaint: “That on August 9, 1927, defendants conspired and confederated to1 cheat and defraud plaintiff out of 50,000 shares of stock in the Park-Bingham Mining Company;” that plaintiff was the owner of 50,000 shares of stock which had been hypothecated to Hogle & Co. for $4,000; that defendant Pugh borrowed said stock from…