Legal Opinion

Jones v. Brennan

Appellate Court of Illinois

Decided February 13, 1902Published

Bill to Wind Up the Affairs of a Building and Loan Association.—Intervening Petition. Error to the Superior Court of Cook County; the Hon. Arthur H. Chetlain, Judge, presiding.

1Opinion of the CourtJustice Sears

We are of opinion that upon the facts established by the evidence and found by the master in chancery, the recommendation of the master that plaintiff in error’s petition be dismissed was unwarranted, and that the decree of the court dismissing the petition for want of equity was erroneous. Plaintiff had ceased to be a shareholder by the withdrawal of his shares, the surrender of the certificate to the association and the receipt and cancellation of the same by the association while it was a solvent concern. This is established beyond controversy, and it is in effect so found by the master.…

2Cases cited3 opinions

  1. Christopher Columbus Building & Loan Ass'n v. KrieteIllinois Supreme Court · 1901
  2. Dooling v. SmithAppellate Court of Illinois · 1900
  3. Gallagher v. BrennanAppellate Court of Illinois · 1901

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