Danziger
Ferrochem Co. of Pennsylvania v. Danziger
Opinion
Lead Opinion
Conrey, J.
The complaint alleges that the defendant is indebted: to the pl-aintiif in the sum of six hundred dollars, balance due upon an account for one thousand shares of the capital stock of plaintiff company, sold and delivered by plaintiff to defendant at defendant’s special instance and re-request ; that defendant agreed to pay for said property so delivered the sum of one thousand dollars-, no part -of which has been paid, save and except the sum of four hundred dollars. The answer and the cross-complaint of the defendant stated some affirmative matters which will be -disregarded, as the defendant did not introduce any evidence at the trial of the ease. The answer contains denials of all of the allegations of the complaint, except these: That defendant does not deny that the stock was delivered to defendant, nor that he agreed to pay therefor one thousand dollars, nor that he has paid four hundred dollars and no more.
The evidence introduced by plaintiff shows that the plaintiff was incorporated on August 12, 1911; that in July, 1911, the defendant and thirteen others entered into mutual subscription agreement with respect to the proposed corporation, and therein the defendant agreed…