Saunders v. Baltimore Building & Loan Ass'n
Supreme Court of Virginia
Appeal from a decree of the Circuit Court of Henrico county, pronounced January 21, 1899, in a suit in chancery, wherein the appellant was the complainant, and the appellees were the defendants.
1Opinion of the CourtCardwell, J.
On March 11, 1893, George W. Saunders applied for membership in the Baltimore Building and Loan Association, a corporation under the laws of the State of Maryland, subscribed for twenty-five shares of the stock of the association of the par value of $100. per share, and, on the same day, the association issued the stock to him. "Whereupon, Saunders made application to the association for an advance or loan to him of the full amount of the par value of his stock ($2,500), and, in his application, offered to pay a premium of fifty cents per month on each share of the stock, and to secure the…
2Cases cited2 opinions
- Dickenson v. Bankers Loan & Investment Co.Supreme Court of Virginia · 1896
- Christian & Gunn v. WorshamSupreme Court of Virginia · 1883
3Cited by4 opinions
- Bledsoe v. RobinettSupreme Court of Virginia · 1906
- Prince v. Holston National Building & Loan Ass'nWest Virginia Supreme Court · 1904
- Ellis v. WhitacreSupreme Court of Virginia · 1906
- Stuart Court Realty Corp. v. GillespieSupreme Court of Virginia · 1928