Leahy v. National Building & Loan Ass'n
Wisconsin Supreme Court
Appeals from orders 'of tbe superior court of Milwaukee county: Geo. E. SutheblaNd, Judge. This action was brought by the plaintiff, as a stockholder and creditor of the defendant, for the purpose of winding up its affairs, and such proceedings were had that on March 11, 1897, Martin TF. Sherman was appointed receiver.
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Appeals from orders 'of tbe superior court of Milwaukee county: Geo. E. SutheblaNd, Judge. This action was brought by the plaintiff, as a stockholder and creditor of the defendant, for the purpose of winding up its affairs, and such proceedings were had that on March 11, 1897, Martin TF. Sherman was appointed receiver. On October 14, 1897, the receiver filed his petition for instructions, in which he set out at length the prior transactions of the company, and asked the court for instructions regarding priority of claims of members against the company, and as to his duty in reference thereto.…
1Opinion of the CourtBaRdeek, J.
It would be practically impossible, within reasonable limits, to trace out the chrysalis character .of the defendant corporation. It was first organized in 1887, its ostensible purpose being the accumulation of funds by monthly contributions of its members, making loans to its members and stockholders, and making such other investments as it might deem proper, the buying, selling, and holding of real estate, and the holding and selling of real estate or other property taken on foreclosure. Its capital stock was $5,000,000, divided into ten series of $500,000 each, the par value of each share…
2Cases cited11 opinions
- Wisconsin Marine & Fire Insurance Co. Bank v. WilkinWisconsin Supreme Court · 1897
- Curtis v. Granite State Provident Ass'nSupreme Court of Connecticut · 1897
- Hohenshell v. Home Savings & Loan Ass'nSupreme Court of Missouri · 1897
- Waverly Mutual & Permanent Land, Loan & Building Ass'n v. BuckCourt of Appeals of Maryland · 1885
- Rogers v. HargoTennessee Supreme Court · 1891
6 more not listed; retrieve them via the Exa API.
3Cited by33 opinions
- Franklin Opera House Co. v. ArmstrongCourt of Appeals for the First Circuit · 1904
- Marion Trust Co. v. Trustees of Edwards LodgeIndiana Supreme Court · 1899
- Cunningham v. WechselbergWisconsin Supreme Court · 1900
- Johnson v. National Building & Loan Ass'nSupreme Court of Alabama · 1899
- Young v. Improvement Loan & Building Ass'nWest Virginia Supreme Court · 1900
28 more not listed; retrieve them via the Exa API.