Young v. Bierschenk

Faville, C. J. —

I. The Living Springs Land Company was a corporation organized under the laws of this state, and engaged in the purchase and sale of real estate. The individual defend-an^s are officers and ,directors of said corPorati011- Li 1916, appellee loaned to the said corporation the sum of $8,000, for which she took the note of said corporation, indorsed by certain individual stockholders. In 1917, she loaned said corporation the further sum of $1,000, and took a similar note therefor. No defense is interposed in behalf of the corporation. The sole question presented by this appeal is…