building and loan association
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 278 U.S. 55 - United States v. Cambridge Loan & Building Co. · 1928Most cited · 117 citing opinions
The rudimentary form of such associations is supposed to be a society raising by subscription of its members a fund for making advances to members in order to enable them to build or buy houses of their own. A member is entitled to borrow on sufficient security an amount equal to his subscription for shares and when the shares are paid up by the instalment payments required and the profits of the company his indebtedness is cancelled.
How often courts cite the case defining “building and loan association”
Court decisions citing the opinion that defined “building and loan association” — 117 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.