Windsor Hotel Co. v. Schenk

Poffenbarger, Judge:

The defendant, Schenk, having refused to pay assessments on an informal subscription by him to preferred stock of The Windsor Hotel Company, a corporation, made before the articles of incorporation had' been issued, was proceeded against by a statutory motion for judgment for the amount of the unpaid 'assessments, aggregating $4500.00'. Denying the validity of the subscription, because not made in the statutory form, the defendant interposed numerous " pleas, some of which were rejected, and, trial by jury having been waived, 'the court tried the case, found for the…