Florida Realty Finance & Security Co. v. Chris. Schroeder & Son Co.

Plaintiff is a corporation organized under the laws of Florida, having its office in Melbourne, Florida, engaged in the real estate and investment business. It was not licensed to transact business in Wisconsin. Defendant is *188a Wisconsin corporation engaged in the real-estate mortgage loan and insurance business. Plaintiff was organized in 1925, and from 1925 to 1929 had purchased bonds from defendant in Wisconsin. On March 11, 1929, plaintiff was the owner of certain bonds which it had acquired from defendant. On that date defendant, by its president, Walter Schroeder, signed the following…