Province v. Building & Loan Ass'n

Tbe defendant, Interstate Building & Loan Association, is a' corporation organized under tlie laws of the State of Georgia, and with its prin*459cipal situs there. On the 18th day of April, 1900, the defendant, S. A. Mebane, being the owner of a number' of shares of stock in this association, obtained an advance or loan from it, and pledged 'as security his ' certificates of stock and also gave a deed of trust upon a piece of real estate in the town of Huntingdon., The shares of -stock thus pledged were of the par value each of $200, and by the terms of his written contract this borrower was to…