Legal Opinion
Latimer v. Equitable Loan & Investment Co.
U.S. Circuit Court for the District of Western Missouri
Decided July 9, 1897No. 2,181PublishedCited by 9 opinions
This was a bill in equity by W. A. Latimer, receiver of the First National Bank of Sedalia, against the Equitable Loan & Investment Company and Adam Ittel, to enforce the alleged right of a stockholder to withdraw from the association.
1Opinion of the Court
ADAMS, District Judge.
The defendant is a loan and building
association, organized under and subject to the provisions of article 9, c. 42, Bev. St. Mo. Section 2810 of such statutes enacts as follows:
“The capital stock of any corporation created under this article shall at no time consist of more than 10,000 shares of not less than $100.00 each. The installments on these shares are to he paid at such time and place as the by-laws shall appoint.. The by-laws or the board of directors may, if they deem it advisable, allow interest not exceeding eight per cent, on such installments as are paid in…
2Cases cited9 opinions
- Kent v. . Quicksilver Mining Co.New York Court of Appeals · 1879
- Equitable Life Assurance Society v. ClementsSupreme Court of the United States · 1891
- Havens v. Germania Fire InsuranceSupreme Court of Missouri · 1894
- Hohenshell v. Home Savings & Loan Ass'nSupreme Court of Missouri · 1897
- State v. EdwardsSupreme Judicial Court of Maine · 1893
4 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Intermountain Building & Loan Ass'n v. GallegosCourt of Appeals for the Ninth Circuit · 1935
- Wilson v. ParvinCourt of Appeals for the Sixth Circuit · 1903
- Reitz v. HaywardMissouri Court of Appeals · 1903
- Bingham v. Marion Trust Co.Indiana Court of Appeals · 1901
- Sumrall v. Commercial Building Trust's AssigneeCourt of Appeals of Kentucky · 1899
4 more not listed; retrieve them via the Exa API.