Legal Opinion
Meyers v. Home Savings & Loan Ass'n
California Court of Appeal
Decided April 9, 1974No. Civ. 41582PublishedCited by 8 opinions
1Opinion of the Court
Opinion
ALLPORT, J.
In a so-called class action plaintiffs seek to have the court declare that the “pre-payment penalties” required of persons seeking to pay loans in advance of the normal maturity dates in real estate loan contracts used by defendants are void as being in contravention of Civil Code section 1670. 1 The claims against eight federally chartered defendants were removed to the United States District Court pursuant to 28 United States Code section 1441(b). The balance of those, chartered under state law, demurred upon the ground that no cause of action was stated. Certain of these…
2Cases cited8 opinions
- Garrett v. Coast & Southern Federal Savings & Loan Ass'nCalifornia Supreme Court · 1973
- In Re Tastyeast, Inc.Court of Appeals for the Third Circuit · 1942
- Lazzareschi Investment Co. v. San Francisco Federal Savings & Loan Ass'nCalifornia Court of Appeal · 1971
- Hellbaum v. Lytton Savings & Loan Ass'nCalifornia Court of Appeal · 1969
- Feary v. Aaron Burglar Alarm, Inc.California Court of Appeal · 1973
3 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Ridgley v. Topa Thrift & Loan Assn.California Supreme Court · 1998
- In Re AJ Lane & Co., Inc.United States Bankruptcy Court, D. Massachusetts · 1990
- Pacific Trust Co. TTEE v. Fidelity Federal Savings & Loan Ass'nCalifornia Court of Appeal · 1986
- Williams v. FasslerCalifornia Court of Appeal · 1980
- Gutzi Associates v. SwitzerCalifornia Court of Appeal · 1989
3 more not listed; retrieve them via the Exa API.