Legal Opinion

German Sav. & Loan Soc. v. Cannon

U.S. Circuit Court for the District of Washington

Decided January 28, 1895PublishedCited by 2 opinions

In Equity. Suit by the German Savings & Loan Society, a corporation, to foreclose a real-estate mortgage. Heard on application for the appointment of a receiver.

1Opinion of the Court

HANFORD, District Judge.

The complainant shows, as ground for the appointment of a receiver, that in May, 1892, it loaned to the defendant A. M. Cannon, and his wife. Jennie F. Cannon, $80,000, and they gave, as security therefor, their promissory note and a mortgage upon real estate situated in the city of Spokane, whereby they promised to repay the amount of said loan, and to pay interest'thereon at the rate of 7 per cent, per annum, quarterly, and to pay all taxes on the mortgaged property, and to keep the improvements insured for the benefit of complainant for at least $40,000, and agreed…

2Cases cited6 opinions

  1. Byers v. McAuleySupreme Court of the United States · 1893
  2. Erwin v. LowrySupreme Court of the United States · 1849
  3. Peale v. PhippsSupreme Court of the United States · 1853
  4. Smith v. FerryWashington Supreme Court · 1893
  5. Collier v. StanbroughSupreme Court of the United States · 1847

1 more not listed; retrieve them via the Exa API.

3Cited by2 opinions

  1. In re the Joint Estate of BehagenDistrict Court, Virgin Islands · 1921
  2. Bennington County Sav. Bank v. Commercial Nat. BankDistrict Court, W.D. Louisiana · 1932

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