Superior Court of Pennsylvania December 13, 1917, Appeal, No. 112 (Eastburn v. Grove)

Opinion by

Tkexler, J.,

The agreement we are asked to construe reads in part as follows: “To the Organization Board for the Proposed Banking Institution; I subscribe for fifteen shares of the capital stock in a financial institution to be organized by you according to law and agree to pay for’same by monthly payments as called for by your organization board or the directors......