Louchheim v. Somerset Building & Loan Ass'n
Superior Court of Pennsylvania
Appeal, No. 49, Oct. T., 1903, by plaintiff from order of C. P. No. 1, Phila. Co., Deo. T., 1900, No. 440, sustaining exceptions to report of referee in case of Walter C. Louchheim v. Somerset Building and Loan Association. Exceptions to report E. Hunn Hanson, referee.
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Appeal, No. 49, Oct. T., 1903, by plaintiff from order of C. P. No. 1, Phila. Co., Deo. T., 1900, No. 440, sustaining exceptions to report of referee in case of Walter C. Louchheim v. Somerset Building and Loan Association. Exceptions to report E. Hunn Hanson, referee. The referee found the facts to be as follows : 1. On April 3, 1877, under the act of assembly approved April 29, 1874, the Somerset Building and Loan Association was incorporated, and on May 23, 1892, it legally came under the provisions of the act of assembly approved April 10, 1879. . The members of the association numbered…
1Opinion of the Court
Opinion by
Rice, P. J.,
This action of assumpsit was brought by a stockholder in a building and loan association to recover the withdrawal value of nine shares of stock. The principal question in the case is as to the amount to which the plaintiff is entitled to credit for payments on his stock, and this depends upon the validity of certain payments of dues which were made to the secretary of the association, as he each month called for them at the place of business of plaintiff’s father and trustee, for which the secretary receipted in the plaintiff’s pass or deposit book, but fraudulently…
2Cases cited8 opinions
- Pennsylvania Railroad Company's AppealSupreme Court of Pennsylvania · 1878
- Millward-Cliff Cracker Co.'s EstateSupreme Court of Pennsylvania · 1894
- Worthington v. Schuylkill Electric Railway Co.Supreme Court of Pennsylvania · 1900
- Wayne Title & Trust Co. v. Schuylkill Electric Railway Co.Supreme Court of Pennsylvania · 1899
- Schutte v. California B. & L. Ass'n, Pennsylvania Court of Common Pleas, Alleghany County1892
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