Philadelphia Medical Publishing Co. v. Wolfenden

Citations

• 239 Pa. 262
• 86 A. 849
• 1913 Pa. LEXIS 549

Syllabus

<p>Contracts — Stock subscription — Affidavits of defense — Buie for judgment.</p> <p>In an action by a corporation to recover a balance of $4,000 due on an alleged oral agreement to subscribe for $5,000 of the stock of the corporation, an affidavit of defense is sufficient which avers that defendant’s agreement was to invest $1,000 in the stock and that he never agreed to subscribe for a larger amount.</p>