October 6, 1950.
FISHBURNE, Justice.
The respondent, Frank B. Gary, Jr., as receiver of Mutual Loan and Investment Company, an insolvent corporation, instituted separate actions for the benefit of creditors and stockholders of the defendant company, to recover unpaid stock subscriptions in the amount of $400.00 from the appellant, J.P. Coates, and in the sum of $1,000.00 from the appellant, L.A. Cotter.
Appellants (defendants below) answered and denied...
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