Legal Opinion

In re Hall

District Court, N.D. Iowa

Decided August 18, 1913No. 915Published

In the matter of' George B. Hall and another, bankrupts. Claim of the Lumbermen’s Cement & Brick Company, presumably a corporation. An order was entered by the referee rejecting the claim, and the claimant petitions for a review.

1Opinion of the Court

REED, District Judge.

April 27, 1909, the bankrupt, George B. Hall, subscribed in writing for $500 of the preferred and common stock of the. Lumbermen’s Portland Cement Company, a Kansas corporation, which contract reads as follows:

“Original Subscription to Stock of Lumbermen’s Portland Cement Company. * * * * ******
“Payment on this contract to be made only by draft or check payable to the order of the company.’
“I hereby subscribe and agree to take five shares of the 7 per cent, interest-bearing preferred stock of the Lumbermen’s Portland Cement Company, said shares being of the par value of…

2Cases cited3 opinions

  1. Courtright v. DeedsSupreme Court of Iowa · 1873
  2. Nelson v. WilsonSupreme Court of Iowa · 1888
  3. Cooper v. McKeeSupreme Court of Iowa · 1878

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