Legal Opinion

McDonough v. Hennepin County Catholic Building & Loan Ass'n

Supreme Court of Minnesota

Decided July 15, 1895No. Nos. 9485-9484-(317-322)PublishedCited by 5 opinions

Two cases against the same defendant in the district court for Hennepin county. In the McDonough case, defendant appealed from an order of Jamison, J., denying a motion for a new trial. In the Hughes case, plaintiff appealed from a judgment in favor of defendant, entered in pursuance of the findings and order of Belden, J. Affirmed.

1Opinion of the CourtCanty, J.

Defendant is a building and loan association, of which plaintiff is a member, holding 15 shares of its stock. • His stock was issued in 1884 to other parties, who transferred it to plaintiff in 1885. Each share is of the par value of $200, and is paid for by paying to the association $1.05 per month from the time the series is issued until the share matures, or becomes, through the accumulation of dues, interest, and other profits of the association,' of the value of $200. The by-laws of the association provide that its funds shall be loaned to its members at a premium of not less than $80…

2Cases cited3 opinions

  1. Nippolt v. Firemen's Ins.Supreme Court of Minnesota · 1894
  2. First National Bank v. JaggerSupreme Court of Minnesota · 1889
  3. Fitzgerald v. Hennepin County Catholic Building & Loan Ass'nSupreme Court of Minnesota · 1894

3Cited by5 opinions

  1. City of South St. Paul v. Northern States Power Co.Supreme Court of Minnesota · 1933
  2. Murray v. NickersonSupreme Court of Minnesota · 1903
  3. Walters v. Minneapolis, St. Paul & Sault Ste. Marie Railway Co.Supreme Court of Minnesota · 1899
  4. Lakeside Railway Co. v. Duluth Street Railway Co.Supreme Court of Minnesota · 1899
  5. Mickelson v. Duluth Building & Loan Ass'nSupreme Court of Minnesota · 1897

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API