Landa v. Whitfield

SMITH, Chief Justice.

This action was brought by G. D. Whitfield, receiver of Adams Company, a corporation, against M. A. Keller and Harry Landa, to recover the sum of $25,000. Upon a jury trial Whitfield recovered the sum sued for with interest, from both Keller and Landa, jointly and severally. Landa alone has appealed.

Adams Company, capitalized at $40,000, was organized in 1906 and operated a general store in the town of Devine, in Medina County, until it was closed in November, 1937, by the receiver, who was appointed in March, 1937.

At the inception of the transaction here under inquiry,…