Legal Opinion

People v. Anglo-American Savings & Loan Ass'n

Appellate Division of the Supreme Court of the State of New York

Decided April 19, 1901Published

Appeal from special term, Kings county. Action by the people of the state of New York against the Anglo-American Savings & Loan Association of New York and others to-dissolve said association. From an order authorizing the receivers of said association to transfer certain real estate to the Empire State Realty Company, defendant Clarence A. Samson appeals.

1Opinion of the CourtGoodrich, P. J.

Owing to the haste in which the appeal was-presented to this court, the record is meager, but I have ascertained the facts partly from the unprinted files and the concessions of counsel in brief and on argument. The Anglo-American Savings & Loan Association of New York (hereinafter called the “Association”) was organized in 1891, under chapter 122 of the Laws of 1851, as amended by chapter 564 of the Laws of 1875. The first section of the act reads as follows:.

“Section 1. Any number of persons, not less than nine, may associate and form an incorporated company for the purpose of accumulating…

2Cases cited3 opinions

  1. Mason v. Pewabic Mining Co.Supreme Court of the United States · 1890
  2. Attorney-General v. Guardian Mutual Life InsuranceNew York Court of Appeals · 1879
  3. In re the Receivers of the Globe InsuranceNew York Court of Chancery · 1836

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