Supreme Court of Alabama January 22, 1925, 3 Div. 696. (Robertson v. Business Boosters' Country Club)

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BOULDIN, J.

This is the second ap: peal in the causé. For former decision, see Robertson v. Business Boosters’ Country Club, 210 Ala. 460, 98 So. 272.

In effect it was held that the fund alleged to have been converted, being paid in on subscriptions for stock in plaintiff corporation for the purpose of boring a test well for oil and gas in Montgomery county, was the property of the