Brevoort v. Hughes

Defendant Hughes subscribed $500 to aid in the. construction of an electric railway from the business portion of the *380city of Denver along Eighth street to the town of Montclair. The original subscription agreement was in writing, and was signed by the defendant. In furtherance of his subscription, he executed three several promissory notes, each for the sum of $166.66, payable to Charles A. Raymond, treasurer of the proposed company. These notes were after maturity assigned to plaintiff, who instituted this suit to recover judgment on them. The answer admitted the execution of the notes, and…