Licking County Saving, Loan, & Building Ass'n v. Bebout's Adm'r
Ohio Supreme Court
Motion for leave to file petition in error to reverse the judgment of the District Court of Licking county. The Licking County Loan and Building Association was incorporated under the acts of May 5 and 9, 1868 (S. & S. 194, 195), and in the same year organized and adopted by-laws for its government, in pursuance of the authority given in the second section of the act, which seem to be such as the association was authorized to adopt and enforce for the regulation of its…
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Motion for leave to file petition in error to reverse the judgment of the District Court of Licking county. The Licking County Loan and Building Association was incorporated under the acts of May 5 and 9, 1868 (S. & S. 194, 195), and in the same year organized and adopted by-laws for its government, in pursuance of the authority given in the second section of the act, which seem to be such as the association was authorized to adopt and enforce for the regulation of its transactions with its members in carrying out the object of its creation.' In September, 1868, Lewis C. Bebout became a…
1Opinion of the CourtGilmore, J.
If the loan in this case consisted of the cash received on taking it, which was $410, exclusive of the premium bid for precedence, which was $390, the decree of the district court was correct, and must be affirmed. If, on the other hand, the loan consisted of the aggregate of these .sums, i. e., $800, the decree was erroneous, and must be reversed.
The object of these associations, and the powers with which they are clothed on becoming incorporated, are expressed in very general terms in the statute authorizing their incorporation. Each association, when incorporated, is left at liberty to…
2Cited by9 opinions
- Brooklyn Bldg. & L. Ass'n v. DesnoyersCuyahoga Circuit Court · 1904
- Cramer v. Southern Ohio Loan & Trust Co.Ohio Supreme Court · 1905
- Opinion No., Oklahoma Attorney General Reports1968
- Opinion No. 68-147 (1968) Ag, Oklahoma Attorney General Reports1968
- Opinion No. 68-195 (1968) Ag, Oklahoma Attorney General Reports1968
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