Combs v. W. O. Davis Sons Co.

Opinion of the Court by

Judge Dxetzman

Affirming-

Iu August, 1915, W. O. Davis and his children, one of whom is the appellant herein and the remainder of whom are appellees, incorporated the W. O. Davis Sons Company with a capital stock of $10,000.00. W. O. Davis subscribed for eighty shares of this capital stock and each of his children for twenty-four shares. The corporation was formed to take over a building lot then owned by W. O. Davis and to build thereon a business house. W. O. Davis and his wife did transfer to the corporation the lot mentioned, and thereafter a business house was…