Legal Opinion

Charles Tyrell Loan & Building Ass'n v. Haley

Supreme Court of Pennsylvania

Decided October 1, 1894No. Appeal, No. 453Published

Appeal, No. 453, Jan. T., 1893, by plaintiff, from judgment of C. P. No. 4, Phila. Co., June T., 1888, No. 344, on report of referee. Exceptions to report of referee, A. J. Maloney, Esq. The facts appear by the opinion of the Supreme Court. Error assigned was entry of judgment.

1Opinion of the Court

Opinion by

Mr. Justice Green,

When this case was here before (139 Pa. 476) the judgment was reversed because of the rejection of the defendant’s offer to prove that the stock of the eighth series, in which he was a stockholder, had reached avalué of $200, and was really worth $218.24 in November 1887. We said, Paxson, C. J.: “But when the stock has fully matured, I am unable to see what right the association has to recover a judgment against one of *304its stockholders for the amount of his loan.” And again: “ If his series had matured, he was entitled to stop paying, and to rely upon the…

2Cases cited1 opinion

  1. Ch. Tyrrell L. & B. Ass'n v. HaleySupreme Court of Pennsylvania · 1891

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