Harr v. Wright

The plaintiff, as receiver of the Title and Trust Company of Western Pennsylvania, Connellsville, Pennsylvania, sues to recover an unpaid stock subscription. The complaint, in substance, alleges that defendant is the transferee of 100 shares of stock of the trust company, of the par value of $100 each, upon which there is unpaid $50 per share. It is further alleged that defendant appeared upon the records of the bank as one of its stockholders on July 1, 1930, when plaintiff, as receiver, took possession of its affairs. The pleading refers to a statute of Pennsylvania, which provides, among…