Consumers Salt Co. v. Riggins

The facts in this case are not in dispute. Prior to the commencement of this action, one B. D. Mc-Alvay brought an action against B. C. Stockwell and the Consumers Salt Company for the purpose of quieting the title of the former to 225,000 shares of the capital stock of said Consumers Salt Company, a corporation. These shares of stock then stood in the name of Stockwell upon the books of said company, and were evidenced by certificate No. 40. That action resulted in a judgment in favor of McAlvay quieting his title to said stock as prayed for. Stockwell appealed from the judgment and, for the…