Medley v. Johnson

Opinion of the Court by

Chief Justice Sampson

Affirming.

On December 7th, 1918, appellant Medley purchased from Carter, agent of the W. P. Williams Oil Corporation, 900 shares of the capital stock of the corporation for the price of $1,575.00, and executed his note to Carter for that sum, due in ninety (90) days, with interest from date, at six per cent. Simultaneously the parties executed the following writing: »

“Owensboro, Ky., December 7, 1918.

“Ben P. Medley, having purchased from me this date 900 shares of the dividend-bearing capital stock of the W. P. Williams Oil Corporation, giving his…