Barry v. Downs
Appellate Court of Illinois
Mortgage Foreclosure.—Appeal from the Circuit Court of Edgar County; the Hon. Henry Van Sellar, Judge, presiding. Heard in this court at the November term, 1899.
1Opinion of the Court
Mr. Presiding Justice Wright
delivered the opinion of the court.
Appellant was appointed receiver, June 6, .1898, of the Inter State Building and Loan Association, it then being insolvent. Appellees being the owners of two shares of stock of $100 each in the association, gave their mortgage, September 20,1890, to the association to secure an advance of $200, and thereby agreed to pay $1.20 each month as dues upon the shares of stock, $1 each month as monthly interest at the rate of six per cent per annum upon $200, and $1.17 as monthly premiums. Appellant filed his bill in equity to foreclose…
2Cases cited1 opinion
- Sullivan v. SpaniolAppellate Court of Illinois · 1898
3Cited by1 opinion
- Couch v. Lake Shore Building Loan & Homestead Ass'nAppellate Court of Illinois · 1916