Davis v. Dunseath

The plaintiff, James R. Dunseath, as assignee commenced this action to recover from R. N. Davis, defendant, the sum of $1,500 and interest at seven.per cent., as evidenced by a note dated Jan uary 31, 1930, given by Davis to tbe Realty Mortgage & Bond Company, hereinafter referred to as the company, for 200 shares of its stock, of the par value of $50 per share. The defendant in his amended answer admitted the execution and delivery of the note for the consideration alleged, but denied liability on the ground that the company was an investment company, as defined by chapter 38, Revised Code…