Williams v. United Reserve Fund Associates
Massachusetts Supreme Judicial Court
Petition to the Superior Court, filed January 18, 1896, by the holders of certificates issued by the respondent corporation, an endowment order organized under St. 1888, c. 429, of which a receiver had been appointed, for an order for payment of the same. The petition was denied; and the petitioners appealed to this court. The facts sufficiently appear in the opinion.
1Opinion of the CourtHolmes, J.
This is a petition by holders of matured benefit certificates to have their certificates paid in full out of the endowment fund before any other payments are made from it, and especially in preference to any payments upon certificates not yet matured. Perhaps it would be enough to say that the petitioners’ certificates had not matured at the filing of the bill, and that the rights of the parties were fixed at that date. Fogg v. United Order of the Golden Lion, 159 Mass. 9, 12. American Loan & Trust Co. v. Northwestern Guaranty Loan Co., ante, 337. Merrill v. Commonwealth Ins. Co., ante, 238.…
2Cases cited1 opinion
- Fogg v. Supreme Lodge of the United Order of the Golden LionMassachusetts Supreme Judicial Court · 1893
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