Legal Opinion

Redwine v. Gate City Loan & Building Ass'n

Supreme Court of Georgia

Decided January 15, 1875PublishedCited by 3 opinions

Corporations. Charter. Practice in the Superior Court. Usury. ' New trial. Before Judge Hopkins. Fulton Superior Court. October Term, 1874. One of the questions presented by the record in this case was whether the defendant>in error was a corporation.

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Corporations. Charter. Practice in the Superior Court. Usury. ' New trial. Before Judge Hopkins. Fulton Superior Court. October Term, 1874. One of the questions presented by the record in this case was whether the defendant>in error was a corporation. It appeared that certain persons petitioned the inferior court of Fulton county to be incorporated under the name of the Gate City Loan and Building Association, with a capital of not exceeding five thousand shares, in shares of $1 00 each, to be paid by successive monthly installments of $ 1 00 each share, so long as the said corporation shall…

1Opinion of the Court

McCay, Judge.

1. The petition for the charter, whilst it did not go into detail, did state, by the very name it asked to have, the substance of the business. But we think the petition and the order is to be taken together, and when botli show what the intent is, it is sticking in the bark to say that it is the petition alone that is to be looked to.

2. We do not care to go over the argument and authorities made and referred to in the case of Parker vs. Fulton Loan and Building Association, 46 Georgia, 166. We see no reason to change that decision, but are rather confirmed in our views by new…

2Cited by3 opinions

  1. Cook v. Equitable Building & Loan Ass'nSupreme Court of Georgia · 1898
  2. Rogers v. Toccoa Electric Power Co.Supreme Court of Georgia · 1927
  3. Van Pelt v. Home Building & Loan Ass'nSupreme Court of Georgia · 1887

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