Legal Opinion

DeMuth v. Kleeb

Washington Supreme Court

Decided February 23, 1921No. 15848Published

Appeal from a judgment of the superior court for Franklin county, Truax, J., entered December 13, 1919, dismissing an action to collect unpaid stock subscriptions, after a trial to the court on the merits.

1Opinion of the CourtMain, J.

— The plaintiffs in intervention, being judgment creditors of a bankrupt corporation, brought this action for the purpose of recovering from the defendants, who are alleged to be stockholders of the corporation, upon their unpaid stock subscription. The defendants denied liability and plead that, in another action brought by the trustee in bankruptcy, their liability as. stock subscribers was settled and adjusted, and the action in that proceeding was dismissed as to them with prejudice. The trial of the present action resulted in a judgment of dismissal, from which plaintiffs appeal.

The…

2Cases cited1 opinion

  1. DeMuth v. FawWashington Supreme Court · 1918

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