Williams v. Wenger

Opinion by

Mr. Justice Kephart,

Receivers of the Mortgage Building and Loan Association, successor to the Hoover Building and Loan Association, appointed by the Federal District Court, brought suit against Rebecca Wenger on a promissory note for $3,500, loaned to her by the latter association October 16, 1929. Fifty shares of stock of the same association were pledged by her as collateral security.

The merger agreement whereby the Hoover Building and Loan Association, the Mortgage Building and Loan and other associations became one, thereafter known as the Mortgage Building and Loan Association,…