Legal Opinion
Jolly v. First Union Savings & Loan, Inc.
Court of Appeals of Maryland
Decided July 6, 1964No. [No. 297, September Term, 1963.]PublishedCited by 8 opinions
1Opinion of the CourtSybert, J.
This appeal represents another episode in the large volume of litigation which has arisen following the recent failure of several savings and loan associations.
Between October 9, 1961, and January 10, 1962, the appellant, Raymond G. Jolly, as trustee for Laymen’s Home Missionary Movement in Philadelphia, deposited in the appellee, First Union Savings & Loan, Inc., a newly formed Maryland savings and loan association, sums of money totaling $10,-000.00. The money was deposited in a savings share account and thus the appellant became what is known as a free shareholder of the association. On…
2Cases cited10 opinions
- Riehle v. MargoliesSupreme Court of the United States · 1929
- Moore v. McAllisterCourt of Appeals of Maryland · 1958
- First Continental Savings & Loan Ass'n v. Director, State Department of Assessments & TaxationCourt of Appeals of Maryland · 1962
- Chicago Title & Trust Co. v. Fox Theatres CorporationCourt of Appeals for the Second Circuit · 1934
- Kent v. Mercantile-Safe Deposit & Trust Co.Court of Appeals of Maryland · 1961
5 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Gordon v. State National BankCourt of Appeals of Maryland · 1968
- Smolin v. First Fidelity Savings & Loan Ass'nCourt of Appeals of Maryland · 1965
- Maryland Securities Commissioner v. U.S. Securities Corp.Court of Special Appeals of Maryland · 1998
- Family Savings & Loan Ass'n Shareholders' Protective Committee v. StewartCourt of Appeals of Maryland · 1966
- Mayor of Baltimore v. Baltimore City Firefighters Local 734Court of Special Appeals of Maryland · 2001
3 more not listed; retrieve them via the Exa API.