Raleigh Building Corp. v. Rodgers
This text of 19 S.E.2d 625 (Raleigh Building Corp. v. Rodgers) is published on Counsel Stack Legal Research, covering Supreme Court of North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Upon the trial below evidence for plaintiff tended to show that the number of shares to be subscribed, upon which defendant’s subscription was conditioned, had not been subscribed either when the corporation was organized in 1931, or on the date of the institution of this action. And on argument here counsel for plaintiff states that it is not contended that defendant, when in 1931 he made six payments on his subscription, had knowledge of the fact that the total subscription for stock was less than the specified number of shares.
In the light of these facts, the judgment below is
Affirmed.
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Cite This Page — Counsel Stack
19 S.E.2d 625, 221 N.C. 204, 1942 N.C. LEXIS 431, Counsel Stack Legal Research, https://law.counselstack.com/opinion/raleigh-building-corp-v-rodgers-nc-1942.