Seguin v. Plano

This action was brought by the receiver of the Success Coal Mining Company to recover, from the company’s five incorporators, amounts alleged to be unpaid on their subscriptions for the capital stock of the company. The court found that the stock subscriptions of all of the defendants, except John F. Danielson, had been paid in full; that Danielson owed $225.25 on his subscription. Judgment was entered accordingly. The plaintiff has appealed.

The wives of the respondents were made parties defendant, because of the community character of the subscriptions. Reference to the “respondents” in the…