St. Louis Loan & Investment Co. v. Yantis
Appellate Court of Illinois
Assumpsit, on building association stock. Appeal from the Circuit Court of Sangamon County; the Hon. James A. Creighton, Judge, presiding. Heard in this court at the May term, 1897. Affirmed. Opinion filed December 2, 1897.
1Opinion of the Court
Mr. Presiding Justice Harker
delivered the opinion of the Court.
On the 26th of June, 1893, J. W. Yantis subscribed for and became the owner of four shares, of the par value of $2,000, of the capital stock of the St. Louis Loan and Investment Company, a Missouri corporation doing business in Illinois.
Ifc was provided by the certificate issued to him that he should pay as dues ten dollars for the period of ninety-six months, at which time the stock should mature. It also contained a provision that the stock could be withdrawn at any time on giving fifteen days notice, in which event the holder…
2Cited by1 opinion
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