La Crosse Brown Harvester Co. v. Goddard

This is an appeal from an order overruling a demurrer to the complaint in an action to recover $250, the amount of the second and third assessments on ten shares of the capital stock, of $100 each, subscribed by the defendant in the plaintiff corporation. The complaint alleges, ■in effect, that August 18, 1897, the defendant and others associated to manufacture a patent machine known as “Brown Binder,” and subscribed to an agreement whereby they respectively promised to pay for the number of shares set oppo*611.site tbeir respective names, at the par value of $100 per share, in such corporation…