National Bank v. Grand Lodge
Supreme Court of the United States
Error to the Circuit Court of the United States for the Eastern District of Missouri. This is an action by the Second National Bank of Saint Louis, Missouri, against the Grand Lodge of Missouri of Free and Accepted Ancient Masons, to compel the payment of certain coupons formerly attached to bonds issued in June, 1869, by the Masonic Hall Association, a corporation existing under the laws of the State of Missouri, in relation to which bonds the Grand Lodge, Oct. 14, 1869,…
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Error to the Circuit Court of the United States for the Eastern District of Missouri. This is an action by the Second National Bank of Saint Louis, Missouri, against the Grand Lodge of Missouri of Free and Accepted Ancient Masons, to compel the payment of certain coupons formerly attached to bonds issued in June, 1869, by the Masonic Hall Association, a corporation existing under the laws of the State of Missouri, in relation to which bonds the Grand Lodge, Oct. 14, 1869, adopted the following resolution: — “ Resolved, that this Grand Lodge assume the payment of the two hundred thousand…
1Opinion of the CourtJustice Strong
It is unnecessary to consider the several assignments of error in detail, for there is an insurmountable difficulty in the way of the plaintiff’s recovery. The resolution of the Grand Lodge was but a proposition made to the Masonic Hall Association, and, when accepted, tbe resolution and acceptance constituted at most only an executory contract inter partes. It was a contract made for the benefit of the association and of the Grand Lodge, — made that the latter might acquire the ownership of stock of the former, and that the former might obtain relief from its liabilities. The holders of the…
2Cited by112 opinions
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- Keller v. AshfordSupreme Court of the United States · 1890
- Willard v. WoodSupreme Court of the United States · 1896
- Constable v. National Steamship Co.Supreme Court of the United States · 1894
- Locke v. HomerMassachusetts Supreme Judicial Court · 1881
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