Johnson v. Crawfordsville, Frankfort, Kokomo, & Fort Wayne Railroad

This was an action by the Crawfordsville, Frankfort, Kokomo, and Fort Wayne Railroad Company *281against Elisha and Elijah Johnson, upon a subscription of stock, made by them to the articles under which the company organized.

The company was organized under the general railroad law.

By the terms of subscription, the stock'was payable to said company at such times, and in such sums, as the board of directors should, from time to time, require; no assessment, however, to exceed 10 per cent, on the subscription, and assessments not to be laid oftener than once in sixty days.

The third in number of the…