Legal Opinion

Nickels v. People's Building, Loan & Saving Ass'n

Supreme Court of Virginia

Decided July 9, 1896PublishedCited by 36 opinions

Appeal from a decree of the Circuit Court of Wise county, pronounced April 19, 1894, in a suit in chancery wherein the appellee was the complainant, and the appellant and others were the defendants.

1Opinion of the Court

Keith, P.,

delivered the opinion of the court.

The People’s Building, Loan and Saving Association a corp oration organized under the laws of the State of New York, filed its billin the Circuit Court of Wise county on the 19th day of April, 1894, in which it shows that on the 10th of June, 1891, Nickels was admitted as a member of the said Association, having subscribed to fifty shares of the stock. Soon after becoming a member, he borrowed from the Association the sum of $3,000, agreeing to repay the same in monthly instalments, pursuant to the terms and conditions set forth in the bond, dated…

2Cases cited3 opinions

  1. Andrews v. PondSupreme Court of the United States · 1839
  2. Concordia Savings and Aid Ass'n v. . ReadNew York Court of Appeals · 1883
  3. National Mutual Building & Loan Ass'n v. AshworthSupreme Court of Virginia · 1895

3Cited by36 opinions

  1. Jones v. Morris Plan BankSupreme Court of Virginia · 1937
  2. West End Real Estate Co. v. ClaiborneSupreme Court of Virginia · 1900
  3. United Shoe Machinery Co. v. RamloseSupreme Court of Missouri · 1908
  4. Friedenwald Co. v. WarrenMassachusetts Supreme Judicial Court · 1907
  5. Poole v. PerkinsSupreme Court of Virginia · 1919

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