The Electric Telegraph Company Of Ireland Cookney’s Case; 19 Jul 1858

References: [1858] EngR 1000, (1858) 26 Beav 6, (1858) 53 ER 798
Links: Commonlii
A. gave to B. a cheque for £50 to obtain fifty shares in a company. B applied for fifty shares, and they were allotted to A, and his name was entered in the books, &c., as a shareholder. It did not appear that anything had been done further than that A. had refused to sign the deed. Held, that not having repudiated the shares, he was a contributory Held, also, that a change iri the company’s books in the the number of the shares first allotted to B. did not relieve him from his liability.