Bosang v. Iron Belt Building & Loan Ass'n
Supreme Court of Virginia
Appeal from a decree of the Circuit Court of Pulaski county pronounced at its March term, 1898, in a suit in chancery wherein appellant was the complainant, and the appellee was the defendant.
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Appeal from a decree of the Circuit Court of Pulaski county pronounced at its March term, 1898, in a suit in chancery wherein appellant was the complainant, and the appellee was the defendant. The object of this suit was to declare the contract between appellant and the Iron Belt Building and Loan Association usurious, and to have all payments made by appellants applied to the principal sum loaned, and, in the meantime, to enjoin the sale of appellant’s land upon which he had given a deed of trust to secure the amount borrowed. The original charter is not copied into the record, but it seems…
1Opinion of the CourtHarrison, J.
This association was organized under a charter granted in 1890 by the Corporation Court of the city of Roanoke, with power to conduct a general building and loan business. This charter was amended and enlarged by an act of the Legislature passed February 20, 1896. The new charter created by this act provides, among other things, as follows: “ But the present by-laws of the said company, when not inconsistent with the provisions of this charter, shall continue of force until amended or repealed in the manner therein prescribed; and all contracts heretofore made and entered into by and between…
2Cases cited3 opinions
- Commonwealth v. BrownSupreme Court of Virginia · 1895
- Alabama v. MontagueSupreme Court of the United States · 1886
- Smoot v. Peoples Perpetual Loan & Building Ass'nSupreme Court of Virginia · 1898
3Cited by20 opinions
- Whitlock v. HawkinsSupreme Court of Virginia · 1906
- Boyd v. County of HenricoCourt of Appeals of Virginia · 2004
- Moses v. CommonwealthCourt of Appeals of Virginia · 1998
- Santillo v. CommonwealthCourt of Appeals of Virginia · 1999
- Working Waterman's Ass'n of Virginia, Inc. v. Seafood Harvesters, Inc.Supreme Court of Virginia · 1984
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