Blomgren v. Cowley

Defendant seeks to reverse a municipal court judgment rendered in favor of plaintiff for $500 which was founded on an Unpaid subscription by defendant for five shares of the capital stock of Casa Del Mar Investment Trust, a common law trust.

The facts, so far as they are essential to a consideration of the issues involved, disclose that in 1931, and prior thereto, defendant held a life membership in Club Casa Del Mar, a golf and country club, entitling him to certain privileges without payment of dues or assessments. The club had been organized on a rather extensive scale and many life…