Blair v. Finlay & Brunswig

HENRY, Associate Justice.—The

Campbell Drug Company was a corporation engaged in selling drugs. The capital stock consisted of ninety-eight shares, of which one Friedman owned seventy-six.

It was claimed that the corporation was indebted by open account to Friedman for moneys advanced it by him in conducting its business in the sum of twelve hundred and eighty-two dollars and ninety-seven cents.

Mrs. Blair, the appellant, owned a tract of land which she sold and conveyed to Friedman, receiving, it is claimed, as part of the consideration, said stock and debt, which were transferred to her by…