Findings of Fact.
RAYMOND, District Judge.
1. Clallam Lumber Company, the plaintiff herein, was incorporated under the laws of Michigan in June, 1910, with an authorized capital stock of $3,100,000; $2,006,131 of which was paid in by conveyances to the corporation of about 41,000 acres of timber lands situated in Clallam County, Washington, which for a number of years prior thereto had been owned by the respective incorporators as individuals, the stock...
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