Scott v. McGriff

This is an action by one indorser on a promissory note against another to enforce contribution. The trial was before the court without the intervention of a jury, resulting in a judgment in favor of the plaintiff.

The material facts, to state them briefly, are that the plaintiff McGriff, C. F. Rhodes, one Boone, and the defendant formed and incorporated the "Alabama Rink Corporation," with an authorized capital of $3,000, divided into shares of $100 each. Each of the corporators subscribed 7 1/2 shares, paying cash therefor. The purpose of the corporation was to construct, equip, and operate a…