Legal Opinion

Lovelace v. Pratt

Supreme Court of Missouri

Decided May 21, 1901PublishedCited by 6 opinions

Appeal from Jasper Circuit Court. — Hon. J. D. Perkins, . J udge. The question to be determined in tbe case is this: Has a building and loan association, organized under tbe laws of this State, tbe power to sell and assign its notes or bonds executed by members for loans ? A building and loan association, within limitations, has power to sell and assign its notes and bonds. 4 Am. and Eng.

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Appeal from Jasper Circuit Court. — Hon. J. D. Perkins, . J udge. The question to be determined in tbe case is this: Has a building and loan association, organized under tbe laws of this State, tbe power to sell and assign its notes or bonds executed by members for loans ? A building and loan association, within limitations, has power to sell and assign its notes and bonds. 4 Am. and Eng. Ency. of Law (2 Ed.), p. 1018. A fund company (which was under tbe statute of 1865 very similar to a building and loan association) bad tbe power to sell and assign its bonds and notes. Detweiler v.…

1Opinion of the CourtBurgess, J.

This is ejectment for the possession of lots fourteen, fifteen and sixteen, in block four, in Grand Yiew Place, an addition to the town of Monett, in Barry county, Missouri. The petition is in the usual form in such cases. The answer, leaving off the formal parts, is as follows:

“Gomes now the defendant herein and for his second amended answer, says that he denies each and every allegation contained in plaintiff’s petition, except that he is in possession of the premises described in plaintiff’s petition and that his possession is lawful.
“Further answering, defendant says that plaintiff’s pre*72te…

2Cases cited2 opinions

  1. Grohmann v. BrownMissouri Court of Appeals · 1897
  2. State v. Redwood Falls Building & Loan Ass'nSupreme Court of Minnesota · 1890

3Cited by6 opinions

  1. Anglo-American Land, Mortgage & Agency Co. v. LombardCourt of Appeals for the Eighth Circuit · 1904
  2. Cobe v. LovanSupreme Court of Missouri · 1906
  3. Layton v. HoughMissouri Court of Appeals · 1912
  4. Russell v. CassidyMissouri Court of Appeals · 1904
  5. V. S. Cook Lumber Co. v. HarrisSupreme Court of Oklahoma · 1937

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