Wilson v. Hundley
Supreme Court of Virginia
Error to a judgment of the Circuit Court of Amelia county-rendered April 10, 1896, in an action of assumpsit, wherein the plaintiff in error was the plaintiff, and the defendant in error was the defendant.
1Opinion of the CourtBiely, J.
In the summer of 1890 George J. Hundley, the defendant in error, subscribed for 500 shares of the capital stock of the Bivermont Company, of the par value of $10 per share, to be paid for in instalments upon the call of the board of directors. On August 7, 1890, he made the first payment of $1,000, and on Hovember 24, 1890, he made the second payment of $1,000, in pursuance of the second call of $2 per share, but made default in the payment of the three remaining calls of $1,000 each.
On June 2, 1893, the company made an assignment of all its assets, including unpaid subscriptions to its…
2Cases cited11 opinions
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