California Supreme Court May 26, 1908, S.F. No. 4692. (Marinovich v. Kilburn)

SHAW, J.

Appeal by the defendant from the judgment' and from an order denying his motion for a new trial.

On July 21, 1903, the defendant executed the following, contract in writing:—

*640

“Whereas, F. P. Marinovieh is the owner of fifty shares ■of the capital stock of the Watsonville Transportation Company, for which he has paid the sum of $3,000.00, or $60.