[DOWNLOAD] "Watson V. Commonwealth Insurance Co." by Supreme Court Of California In Bank # Book PDF Kindle ePub Free
eBook details
- Title: Watson V. Commonwealth Insurance Co.
- Author : Supreme Court Of California In Bank
- Release Date : January 28, 1936
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 65 KB
Description
THOMPSON, J. This is an action for damages for the conversion of 2,500 shares of corporate stock by the defendant insurance companies. The charges of conversion grow out of an attempt to salvage the corporation of Watson & Taylor, an insurance agency which had acted as general agent for the defendant companies for a period of years. Except for a qualifying share held by each of the three directors, the plaintiff Kenneth Watson, Churchill Taylor and J. E. Barry, the entire stock of the corporation was owned by the former partners, Watson and Taylor, the ownership being evidenced by certificate No. 5 for 4,997 shares, issued to Watson and Taylor and held in escrow ever since the organization of the corporation by direction of the corporation commissioner.
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