Legal Opinion

United States Savings & Loan Co. v. Shain

North Dakota Supreme Court

Decided November 14, 1898PublishedCited by 10 opinions

Appeal from District Court, Stutsman County; Fisk, J. Action by the United States Savings and Loan Company against Sanford A. Shain and others. Judgment for defendants. Plaintiff appeals.

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Appeal from District Court, Stutsman County; Fisk, J. Action by the United States Savings and Loan Company against Sanford A. Shain and others. Judgment for defendants. Plaintiff appeals. The right of a corporation of another state to make contracts in this state is unquestionable, where not contrary to the known policy of the state or injurious to its interests. • Bank v. Earl, 13 Pet. 519-588. Minnesota corporations are permitted to establish offices without the limits of that state for the transaction of building and loan business. Sec. n6j Ch. 34, Minn. Stats. 1878. And there is nothing…

1Opinion of the CourtBartholomew, C. J.

This is an action by the original mortgagee to foreclose a mortgage on certain real estate situate in Stutsman county. The defendants Sanford A. Shain and Julia Shain, his wife, were the original mortgagors; The defendant William Stone is the subsequent grantee of Sanford A. Shain, and took subject to the mortgage; Augusta Stone is the wife of William Stone; and S. L. Glaspell was joined as defendant as a junior lien-holder. Sanford A. Shain and William Stone answer jointly, the other defendants not appearing.

The complaint alleges the incorporation of the plaintiff under the laws of the State…

2Cases cited20 opinions

  1. Liverpool & Great Western Steam Co. v. Phenix InsuranceSupreme Court of the United States · 1889
  2. Pritchard v. NortonSupreme Court of the United States · 1882
  3. Scudder v. Union National BankSupreme Court of the United States · 1875
  4. Andrews v. PondSupreme Court of the United States · 1839
  5. Dugan v. LewisTexas Supreme Court · 1891

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3Cited by10 opinions

  1. Denison v. PhippsSupreme Court of Oklahoma · 1922
  2. Monaghan & Murphy Bank v. DavisArizona Supreme Court · 1925
  3. Green v. Northwestern Trust Co.Supreme Court of Minnesota · 1914
  4. State ex rel. Hart-Parr Co. v. Robb-Lawrence Co.North Dakota Supreme Court · 1906
  5. Goode v. Colorado Investment Loan Co.New Mexico Supreme Court · 1911

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