New-Albany & Salem Railroad v. Pickens

Assumpsit. The declaration alleges that the defendant, on the 27th of September, 1849, made a certain note in writing in this form: “We,the subscribers, agree to take the number of shares, of fifty dollars each, annexed to our names, in the capital stock of the New-Alba/ny and Salem Railroad Company, for the purpose of extending said road from Bloomington to Qosport, and pay the same in fifteen instalments of three dollars and thirty-three cents per share; the first of which instalments is to be paid on the 1st of July, 1850, and one instalment every two months thereafter until the whole is…