Legal Opinion

Abbott v. International Building & Loan Ass'n

Texas Supreme Court

Decided March 8, 1894No. 100PublishedCited by 14 opinions

Error to Court of Civil Appeals for Fourth District, in a case appealed from District Court of Bexar County. The conclusions of fact filed in Court of Civil Appeals are here given: 1. That on or about January-, 1884, plaintiff Thomas H. Abbott purchased seven shares of stock of the first series in defendant corporation’s capital stock, and thereafter, in 1886, purchased six shares of the fifth series in and of defendant corporation’s stock, and paid in to the defendant…

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Error to Court of Civil Appeals for Fourth District, in a case appealed from District Court of Bexar County. The conclusions of fact filed in Court of Civil Appeals are here given: 1. That on or about January-, 1884, plaintiff Thomas H. Abbott purchased seven shares of stock of the first series in defendant corporation’s capital stock, and thereafter, in 1886, purchased six shares of the fifth series in and of defendant corporation’s stock, and paid in to the defendant corporation on account of said stock monthly, after he acquired the same, at the rate of $1 per month per share, aggregating…

1Opinion of the Court

BROWN, Associate Justice.

About January, 1884, Thomas H. Abbott subscribed for seven shares of the first series of stock in the International Building and Loan Association, and in 1886 he subscribed for six shares of the fifth series of the stock in said association, the shares being $100 each.

On the 16th day of April, 1886, Abbott borrowed from the association $1440, for which he gave the following note, joined by his wife:

“ $2600. San Antonio, Texas, April 12, 1886.
“ On or before the maturity of the first and fifth series of stock of the International Building and Loan Association, we…

2Cases cited3 opinions

  1. Bexar Building & Loan Ass'n v. RobinsonTexas Supreme Court · 1890
  2. Jackson v. CassidyTexas Supreme Court · 1887
  3. Building and Loan Association v. LaneTexas Supreme Court · 1891

3Cited by14 opinions

  1. Sugg v. SmithCourt of Appeals of Texas · 1918
  2. Building & Loan Ass'n of Dakota v. GriffinTexas Supreme Court · 1897
  3. Wood v. Continental Sav. & Bldg. Ass'nTexas Commission of Appeals · 1933
  4. Hanover Insurance Company v. HochCourt of Appeals of Texas · 1971
  5. Commercial Standard Insurance Co. v. WhiteCourt of Appeals of Texas · 1967

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