Legal Opinion

White v. Mech. Building Fund Ass'n

Supreme Court of Virginia

Decided June 12, 1872PublishedCited by 15 opinions

This was a suit in the Circuit court of Rockbridge county, brought in April 1870, by George A. White, against the Mechanics Building Fund Association of Lexington, Virginia, and others, to enjoin the sale of a tract of land by the trustees in five deeds executed by White to secure certain liabilities to said association, upon the advance to him of five sums of money.

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This was a suit in the Circuit court of Rockbridge county, brought in April 1870, by George A. White, against the Mechanics Building Fund Association of Lexington, Virginia, and others, to enjoin the sale of a tract of land by the trustees in five deeds executed by White to secure certain liabilities to said association, upon the advance to him of five sums of money. The facts are substantially as follows: The Mechanics Building Fund Association of Lexington was organized on the 19th of November 1867, under the act of May 29th, 1852, and of January 31st, 1867, amending the same, to provide…

1Opinion of the CourtAnderson, J.

The appellees are a body corporate, organized in November 1867, under the acts of May 29, 1852, and January 31, 1867, as a building fund association. The appellant was a member thereof, holding ninety shares of stock therein ; fifty in his own name, and forty in the name of his brother, E. A. D. White ; seventy of which were redeemed by the association, within the first seven months of its organization, for the sum of $4,283. The remaining twenty shares were sold to the institution, and cancelled.

The appellant alleges in his bill, that the money was advanced to him as a loan, and that his…

2Cited by15 opinions

  1. Horton v. BondSupreme Court of Virginia · 1877
  2. Muller's Adm'r v. StoneSupreme Court of Virginia · 1888
  3. Cason v. SeldnerSupreme Court of Virginia · 1883
  4. Smoot v. Peoples Perpetual Loan & Building Ass'nSupreme Court of Virginia · 1898
  5. Moran v. BrentSupreme Court of Virginia · 1874

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