Swan v. Pittsburg Driving Park & Fair Ass'n
Swan v. Pittsburg Driving Park & Fair Ass'n
Opinion of the Court
This was an action by defendant ,in error, a corporation, upon a subscription for shares of stock by plaintiff in error. Judgment was rendered in the court below in favor of the defendant in error for $125 and costs. Proceedings in error were brought by defendant below.' The case originated in justice’s court and was appealed to the District Court of Craw
“Pittsburg, Kan.
“We, the undersigned, hereby subscribe to the number of shares of capital stock of the Pittsburg Driving Park and Fair Association set opposite our names. Capital stock $12,000, being 240 shares of $50 each. Stock payable in three assessments, twenty-five per cent, cash, twenty-five per cent, in ninety days, and fifty per cent, on June 1, 1891.”
Immediately following the above is a long list of names, numbers and. amounts, written in order as shown, and among them appears the name of the plaintiff in error with the figure “5” opposite and under the designation “ Number of shares ;” also the figures “$250” under the designation “Amt. stock.” The case was tried by the court without a jury, upon the bill of particulars and evidence of plaintiff
The written contract was given in evidence, and alone proved a prima- facie case for defendant in error, authorizing a judgment for $250. The sum of $125 was all that was claimed by the bill of particulars, to be due, and for that amount judgment was rendered. Plaintiff in error cannot complain of this. The date of payment was fixed by the contract and no demand was necessary.
The judgment of the trial court is affirmed..
Case-law data current through December 31, 2025. Source: CourtListener bulk data.