Hobgood v. Ehlen.
Supreme Court of North Carolina
AotioN by F. P. Hobgood, Trustee in Bankruptcy of tbe Ronda Lumber and Manufacturing Corporation, against W. B. Ehlen and others, heard by Judge E. B. Jones and a jury, at the December Term, 1905, of the Superior Court of Eobsyth.
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AotioN by F. P. Hobgood, Trustee in Bankruptcy of tbe Ronda Lumber and Manufacturing Corporation, against W. B. Ehlen and others, heard by Judge E. B. Jones and a jury, at the December Term, 1905, of the Superior Court of Eobsyth. This was an action brought by the plaintiff, trustee in bankruptcy of the Ronda Lumber & Manufacturing Corporation, against the defendants, who were the subscribers to and holders of the stock of said corporation, to recover from them the amount of their unpaid stock subscriptions, the plaintiff-alleging that the defendants had attempted to pay for the stock in…
1Opinion of the CourtBrown, J.
The first ten exceptions appearing in the record relate to matters connected with the relations existing between, Ehlen and his co-defendants prior to the organization of the Ronda Lumber & Manufacturing Corporation. It is insisted that such matters are not material to the issues and that the evidence was irrelevant and calculated to prejudice the jury against Ehlen. We think the evidence was material and the exceptions are without merit. In order to show the motives and purposes which prompted the parties in forming the corporation and the fraudulent character of the transaction, it was…
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