Wierman v. International Building, Loan & Investment Union
Appellate Court of Illinois
Bill, for cancellation of note and reconveyance of property conveyed as security. Appeal from the Circuit Court of Cook County; the Hon. John Gibbons, Judge, presiding.
1Opinion of the CourtJustice Waterman
The brief of appellant in this case begins with this statement : “ The International Building, Loan & Investment
Union, the appellee, is a building and loan association organized under the laws of Illinois, April 16, 1887. Wierman, the appellant, on April 19, 1890, became a member of the association.”
Appellee having been so organized and now so existing, it necessarily was and is a mutual company, and appellant, as a member thereof, was and is entitled to such rights, and none other, as might be accorded to any other member. In other words, appellee, as a mutual company, was bound to treat its…
2Cases cited2 opinions
- Kent v. . Quicksilver Mining Co.New York Court of Appeals · 1879
- Kadish v. Garden City Equitable Loan & Building Ass'nIllinois Supreme Court · 1894
3Cited by9 opinions
- Bertche v. Equitable Loan & Investment Ass'nSupreme Court of Missouri · 1898
- Holt v. Aetna Bldg. Loan AssociationSupreme Court of Oklahoma · 1920
- Hieronymus v. New York Nat. Building & Loan Ass'nU.S. Circuit Court for the District of Southern Alabama · 1899
- Sumrall v. Commercial Building Trust's AssigneeCourt of Appeals of Kentucky · 1899
- Clarke v. OlsonNorth Dakota Supreme Court · 1900
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