Washington National Building & Loan Ass'n v. Wendling
Supreme Court of Virginia
Error to a judgment of the Circuit Court of the city of Alexandria rendered in an action of assumpsit, wherein the defendant in error was plaintiff, and the plaintiff in error ivas the defendant. The facts sufficiently appear in the opinion of the court.
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Error to a judgment of the Circuit Court of the city of Alexandria rendered in an action of assumpsit, wherein the defendant in error was plaintiff, and the plaintiff in error ivas the defendant. The facts sufficiently appear in the opinion of the court. The following instructions were asked at the trial by the plaintiff in error, but were refused: “The jury are instructed that under the statute law of the State of Virginia, a person paying more than the lawful rate of interest can only recover the excess over the lawful rate of interest which he has paid within one year prior to the…
1Opinion of the CourtHarrison, J.
In January, 1894, the defendant in error, George R. Wend-ling, borrowed from the plaintiff in error, Building Association, the sum of three thousand dollars, which he secured by the surrender of thirty shares of stock held by him in the association, and by executing a bond in the penalty of $6,000, conditioned to pay $48.00 per month on such loan, and such fines as might be imposed upon him in accordance with the by-laws of the association. The $48.00 payable monthly, was composed of $18.00 per month dues, and $30.00 per month premium. These monthly instalments were to be paid for eighty-four…
2Cases cited2 opinions
- Munford v. McVeigh'sSupreme Court of Virginia · 1896
- Crabtree v. Old Dominion Building & Loan Ass'nSupreme Court of Virginia · 1898
3Cited by2 opinions
- In Re Frank Giorgio and Pauline Giorgio, Debtors. John Boyajian, Trustee v. Alan J. Defusco, Etc.Court of Appeals for the First Circuit · 1988
- Skinner v. Cen-Pen Corp.Supreme Court of Virginia · 1992