Supreme Court of Florida November 25, 1933 (Webster v. 759 Riverside Avenue, Inc.)

Ellis,

J.

A corporation known as 759 Riverside Avenue, Inc., was authorized when incorporated in January; 1927, to have outstanding five hundred shares of common stock of the par value of one hundred dollars'. Three hundred and ■seventy-five shares of the stock were issued.

In October, 1927, the corporation was indebted to Mamie M. Webster in the sum of $10,500.