Lewis v. Berryville Land & Improvement Co.

Citations

• 90 Va. 693
• 19 S.E. 781
• 1894 Va. LEXIS 45

Syllabus

<p>Assessments — Defences—Subscriber—•Transferee.—Though in suit to collect assessments to corporate stock from subscriber, he may set up under Code, ? 3299, the defences of failure of consideration, fraud in the procurement of the contract, or any other matter which would entitle him to relief in equity, yet, held, those defences are personal to him, and do not pass to the tranferee of the stock.</p>