Schauberger v. Tafel

*10Opinion op the Court by

Judge McCandless

Affirming.

Jesse E. Schauberger, a single man, living with his parents, on the 17th day of August, 1912, applied to the Avery Building Association for the purchase of some additional stock in that company. At the time he owned and held in his own name fifty shares of its stock, which was the limit permitted by its by-laws to be held by any person in his own name. The secretary of the association informed him of this rule but suggested that he might take additional stock in his own name as trustee for some other person, or take it out in the name of some…