Legal Opinion
Ash v. Citizens Building & Loan Ass'n
Court of Appeals of Maryland
Decided May 19, 1961No. 251PublishedCited by 5 opinions
1Opinion of the CourtHammond, J.
This case presents questions as to the rights of free shareholders in a building association which, over their objections, transferred all of its assets to another building association.
Appellants filed a petition under Code (1957), Art. 23, Sec. 73, in the Circuit Court for Montgomery County, alleging that they were stockholders in The Montgomery Mutual Building and Toan Association (Montgomery) and complaining that Montgomery had transferred all of its assets to The Citizens Building and Toan Association of Montgomery County, Inc. (Citizens). They alleged they did not vote in favor of the…
2Cases cited3 opinions
- Coltrane v. BlakeCourt of Appeals for the Fourth Circuit · 1902
- Roselle Park Trust Co. v. Ward Baking Corp.Court of Appeals of Maryland · 1939
- Matter of McKinney (Bush Term. Bldgs. Co.)New York Court of Appeals · 1954
3Cited by5 opinions
- Twenty Seven Trust v. Realty Growth InvestorsDistrict Court, D. Maryland · 1982
- Sornberger v. Chesapeake & Ohio Railway Co.Court of Special Appeals of Maryland · 1989
- Ross v. American Iron WorksCourt of Special Appeals of Maryland · 2003
- Pink v. Cambridge Acquisition, Inc.Court of Special Appeals of Maryland · 1999
- Ash v. CITIZENS B. & L. ASS'NCourt of Appeals of Maryland · 1961