North Hudson Mutual Building & Loan Ass'n v. First National Bank
Wisconsin Supreme Court
APPEAL from the Circuit Court for St. Croix County. The following statement of the case was prepared by Mr. Justice Tatlok as a part of the opinion: This action was commenced by the appellant against the bank to recover the possession' of certain bonds and mortgages which had been given to said association upon loans made by said association to different persons. The action was replevin, and the bonds and mortgages were taken from the possession of the bank.
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APPEAL from the Circuit Court for St. Croix County. The following statement of the case was prepared by Mr. Justice Tatlok as a part of the opinion: This action was commenced by the appellant against the bank to recover the possession' of certain bonds and mortgages which had been given to said association upon loans made by said association to different persons. The action was replevin, and the bonds and mortgages were taken from the possession of the bank. The bank claimed the right to the possession of such bonds and mortgages as security for the balance claimed to be due it upon a loan…
1Opinion of the Court
The following opinion was filed November 25, 1890 :
Taylor, J.
Upon this appeal the learned counsel for the appellant assigns as error: (1) That the court erred in admitting the assignment of the bonds and mortgages in question, and the several notes given to the defendant, in evidence, for the reason that the corporation had no authority or power to make the same, or either of them; the second, third, fourth, and fifth assignments of error go upon the ground that said notes and the assignment of said mortgages were not authorized by the corporation, or its board of directors, or made with its…
2Cases cited14 opinions
- Railway Co. v. McCarthySupreme Court of the United States · 1878
- Whitney Arms Co. v. . BarlowNew York Court of Appeals · 1875
- Close v. Glenwood CemeterySupreme Court of the United States · 1883
- Wright v. HughesIndiana Supreme Court · 1889
- Union Water Co. v. Murphy's Flat Fluming Co.California Supreme Court · 1863
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- Bohn v. Boone Building & Loan Ass'nSupreme Court of Iowa · 1907
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