Legal Opinion

Chambersburg Saying Fund Association's Appeal

Supreme Court of Pennsylvania

Decided July 2, 1874PublishedCited by 15 opinions

Appeal from the Court of Common Pleas of Franklin county: No. 30, Of May Term 1874. In the matter of account of William McLellan, assignee of the Chambersburg Saving Fund Association.' The Chambersburg Saving Fund Association was an unincorporated stock company organized and doing business previously to 1858; their business was receiving deposits, lending money and discounting. The par value .of the stock was $25 per share.

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Appeal from the Court of Common Pleas of Franklin county: No. 30, Of May Term 1874. In the matter of account of William McLellan, assignee of the Chambersburg Saving Fund Association.' The Chambersburg Saving Fund Association was an unincorporated stock company organized and doing business previously to 1858; their business was receiving deposits, lending money and discounting. The par value .of the stock was $25 per share. Holmes Crawford was president of the association and William • G. Reed the cashier. Amongst the stockholders were Upton Washabaugh, John Gilmore, Samuel Gilmore, William…

1Opinion of the CourtJustice Mercur

In Ajpril 1862, when the appellee accepted the trust, there was due to ¡the appellant, from Anspach, on various obligations, as drawemand endorser, the sum of $81,341.76. In addition to some other personal securities, the appellants then held, as collateral securityifor this indebtedness, an assignment of certain stocks, and a conveyance of some lands: one piece situated wholly in SchuylkilLeounty. ‘.The other partially in each, Schuylkill and Columbia *227counties. The latter piece was valuable coal-land, with a mine in working order, and costly improvements thereon in Schuylkill county. These…

2Cases cited1 opinion

  1. Johnston's EstateSupreme Court of Pennsylvania · 1845

3Cited by15 opinions

  1. Detre's EstateSupreme Court of Pennsylvania · 1922
  2. Kline's EstateSupreme Court of Pennsylvania · 1924
  3. Estate of WebbSupreme Court of Pennsylvania · 1895
  4. Hart's EstateSupreme Court of Pennsylvania · 1902
  5. Estate of BartolSupreme Court of Pennsylvania · 1897

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