Goad v. Lewis

*395Opinion op the Court by

Judge Miller

Affirming.

This is a suit by the appellant, Goad, to recover the purchase price of fourteen shares of the capital stock of “The Glasgow Mutual Agency Company,” sold to him by the appellees, George R. Lewis and Lawrence G. Warder.

On August 1, 1907, The Glasgow Mutual Agency Company was incorporated with a capital stock of $20,000.00. It was authorized “to act as agent and employee^f other persons, companies and corporations, and to employ, select and appoint agents of other persons, companies and corporations, and to acquire and hold property as agent,…