Hurd v. Texas Brewing Co.

CONNER, Chief Justice. —

Briefly stated, this was a suit by plaintiff in error against defendant in error in which it was alleged by plaintiff in substance, that in January, 1895, defendant in error declared a dividend of $1900 on 475 shares of its capital stock at the time and theretofore owned by plaintiff in error, which it had failed to pay plaintiff.

Defendant in error answered, in substance, that plaintiff was not. the real owner of said stock; that it had been issued to said plaintiff in error as naked trustee only, to secure a debt of $46,000 due the National Bank of Commerce by the…