Wadlinger v. Washington German B. & L. Ass'n
Supreme Court of Pennsylvania
Appeal, No. 78, Jan. T., 1893, by plaintiff, George J. Wadlinger, from judgment of G. P. Schuylkill Go., Nov. T., 1888, No. 207, on verdict for defendant. Assumpsit for value of stock in building association. At the trial, before Bechtel, J., plaintiff claimed to recover the value of five shares of stock in defendant association, which the association refused to transfer to him. The facts of the case appear by the opinion of the Supreme Court.
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Appeal, No. 78, Jan. T., 1893, by plaintiff, George J. Wadlinger, from judgment of G. P. Schuylkill Go., Nov. T., 1888, No. 207, on verdict for defendant. Assumpsit for value of stock in building association. At the trial, before Bechtel, J., plaintiff claimed to recover the value of five shares of stock in defendant association, which the association refused to transfer to him. The facts of the case appear by the opinion of the Supreme Court. The court gave binding instructions for defendant. Verdict and judgment for defendant. Plaintiff appealed. Error assigned, inter alia, was above…
1Opinion of the Court
Per Curiam,
In 1881, one Nicholas Thoerner became the owner of five shares of the Washington German Building and Loan Association, appellee. In the year 1882, he obtained a loan of $1,000 from the company, giving, as security for the loan, a judgment which bound his real estate. As additional security, required by the constitution and by-laws of the company, he assigned to it the five shares of stock referred to-. The assignment was absolute upon its face, and contained this stipulation: “ And further, I hereby waive and relinquish unto the same all benefits which may hereafter accrue to me,…
2Cases cited2 opinions
- Watkins v. Workingmens' Building & Loan Ass'nSupreme Court of Pennsylvania · 1881
- Philadelphia Mercantile Loan Ass'n v. MooreSupreme Court of Pennsylvania · 1864
3Cited by10 opinions
- York Trust, Real Estate & Deposit Co. v. GallatinSupreme Court of Pennsylvania · 1898
- Morris Resnick B. & L. Ass'n v. BarnesSuperior Court of Pennsylvania · 1932
- Lepore v. Twin Cities National Building & Loan Ass'nSuperior Court of Pennsylvania · 1897
- McGee v. KirbySupreme Court of Oklahoma · 1941
- Graham v. Mt. Airy Building & Loan Ass'nSuperior Court of Pennsylvania · 1930
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