Legal Opinion

Stockton v. Mechanics & Laborers Savings Bank

New Jersey Court of Chancery

Decided February 15, 1880PublishedCited by 6 opinions

In insolvency. On petition of the receiver for directions.

1Opinion of the Court

The Chancellor.

The Mechanics and Laborers Savings Bank was incorporated by an act of the legislature, approved March 3d, 1869. (P. L. 1869 ¶. 177). It was empowered to receive from any person or persons disposed to obtain and enjoy the advantage of the institution, any deposit or deposits of money, and to use and improve the same for the purposes and according to the directions mentioned in the act, and to accept and execute all such trusts of every description, and to receive any moneys that-might be committed or given to it by last will, or by any order of any court or otherwise. And it was…

2Cases cited5 opinions

  1. Coite v. Society for SavingsSupreme Court of Connecticut · 1864
  2. Osborn v. ByrneSupreme Court of Connecticut · 1875
  3. Bunnell v. Collinsville Savings SocietySupreme Court of Connecticut · 1871
  4. M'Whorter v. M'GeheeSupreme Court of Alabama · 1828
  5. Pratt v. Levan, Pennsylvania Court of Common Pleas, Philadelphia County1827

3Cited by6 opinions

  1. Neptune City v. Seacoast Trust Co.New Jersey Court of Chancery · 1934
  2. Usher v. the Sarco Co. of N.J.New Jersey Court of Chancery · 1927
  3. Nelkin v. Carencon, Inc.New Jersey Court of Chancery · 1931
  4. Van Straaten Havey v. Foremost SilkNew Jersey Court of Chancery · 1940
  5. Wendt v. Bergen Savings BankNew Jersey Court of Chancery · 1942

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