Sawin v. Union Building & Savings Ass'n
Supreme Court of Iowa
Appeal from Clinton District Court. — Hon. P. B. Wolfe, Judge. Action -at law to- recover a smn of money alleged to have been paiid to the defendant, with interest. There was a trial by jury, and a verdict and judgment for the plaintiff. The defendant appeals-.
1Opinion of the CourtBobinson, J.
The defendant -is incorporated under the laws of this- state as a building and savings association. It has for sale different classes of stock, among which are those named by it “A” and- “B.” Provision is made in its by-laws for class A stock as follows : “(1) Any person, upon the payment of one- dollar per share, shall receive a certificate for the same known as ‘Class'A Stock/ and thirty days from the date of such certificate; and monthly thereafter until maturity, there shall be due fifty-eight cents per share, and .when the said payments-, together with the profits and accumulations…
2Cases cited3 opinions
- Hagan v. Merchants & Bankers' InsuranceSupreme Court of Iowa · 1890
- Sickles v. Dallas Center BankSupreme Court of Iowa · 1890
- Shaw v. JacobsSupreme Court of Iowa · 1893
3Cited by5 opinions
- Booker-Jones Oil Co. v. National Refining Co.Court of Appeals of Texas · 1910
- Shores-Mueller Co. v. LonningSupreme Court of Iowa · 1913
- Mealey v. ScottSupreme Court of Iowa · 1951
- Lawrence Gas Co. v. Hawkeye Oil Co.Supreme Court of Iowa · 1917
- Spooner v. SpoonerSupreme Court of Iowa · 1943