Wilson v. Parvin’s Empirical Analysis
119 F. 652 · 1903
Citation profile
4 federal appellate · 1 district · 2 state decisions
How this case has been cited
Cited by 7 later decisions — most recently June 1939
4 federal appellate · 1 district · 2 state decisions
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Relationships
Relies on Warren v. King · Lockhart v. Van Alstyne · Hamlin v. Toledo, St. L. & K. C. R. · Cook v. Equitable Building & Loan Ass'n · Savannah Real Estate, Loan & Building Co. v. Silverberg
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 7 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
““If, then, the issuance of preferred shares with the consent of the members of a building and loan association is an act ultra vires, it must be because it is an act offensive to the object, plan, and general scheme of such corporations, and therefore not within the implied powers of this kind of an association. It is said, in some of the cases which deal with the scheme of such associations, that such shares are inconsistent with the mutuality of such organizations by introducing the mere investor as a factor, and that the loans made by .such companies to installment members would be usurious, but for the supposed mutual contribution of all to the fund thus loaned and the equal participation of all, including the borrowing members, in the contributions arising from interest, premium, dues, and fines. It is also said that the scheme of such association only contemplates the payment of members, in advance out of the fund resulting from the small periodical payments from all the shareholders alike, and that there is in fact no lending or borrowing, but that the notes taken and the mortgage given by an advanced member are only to secure the periodical payments due from him until his stock is matured and Ms note and mortgage thereby canceled. * * * In order to ‘advance members’ there must be a fund out of which they may be advanced. The slow accumulations from subscribers paying only $2 per share each month was doubtless found unsatisfactory to those it was intended to assist in ”
1 later decision quote this exact passage · from the majority
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.