Wills v. Paducah Building & Loan Ass'n
Court of Appeals of Kentucky
Case 28 — -Action by Mbs. Wills against ti-ie Paducah Building & Loan Association fob the Cancellation op a Mortgage, Consolidated with an Action by the Assignee of Loan Association fob a Settlement of the Assigned Estate. appeal from m’cracken circuit court. Judgment Refusing to Cancel Mortgage and Mrs. Wills Appeals.
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Case 28 — -Action by Mbs. Wills against ti-ie Paducah Building & Loan Association fob the Cancellation op a Mortgage, Consolidated with an Action by the Assignee of Loan Association fob a Settlement of the Assigned Estate. appeal from m’cracken circuit court. Judgment Refusing to Cancel Mortgage and Mrs. Wills Appeals. This record shows that Mrs. Wills subscribed for three shares of stock in the Paducah -Building & -Loan Association, April 3, 1891, and on August 25, 1891, borrowed from said association, $450, and executed her note for $600. It is alleged in her petition and not denied that…
1Opinion of the Court
Opinion of the court by
JUDGE HOBSON
Affirming.
On April 3, 1891, appellant subscribed for three shares of stock in the Paducah Building & Loan Association, of $200 per share, face value. She paid on this stock $3.05 for.!he month of April, and $3 each for the months of May, June, July, and August. On August 25, 1891, she borrowed from the association $450, and executed her note to it for $000. From this time she paid, in addition to the $3 a month on the stock as before, $3 a month interest on her loan, until and including March, 1899: making 91 payments, of $6 each, in addition to the $15.05…
2Cases cited2 opinions
- Reddick v. United States Building & Loan Association's AssigneeCourt of Appeals of Kentucky · 1899
- U. S. Bldg. & Loan Assn's Assignee v. ReedCourt of Appeals of Kentucky · 1901