United States Savings & Loan Co. v. Owens
This text of 63 P. 1134 (United States Savings & Loan Co. v. Owens) is published on Counsel Stack Legal Research, covering Washington Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
This was an action to foreclose a mortgage given by the respondents to the appellant to secure a loan made upon the terms and conditions common to building and loan associations. The trial court held that all payments made by the borrower to the company whether as dues, premiums, fines, interest, or otherwise, applied directly upon the loan, discharging it pro tanto, and the correctness of this holding is the question here. In Hale v. Stenger, 22 Wash. 516, 699 (61 Pac. 156), we decided that such payments should be so applied, and for the reasons given in that case the judgment will stand affirmed.
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Cite This Page — Counsel Stack
63 P. 1134, 23 Wash. 790, 1900 Wash. LEXIS 403, Counsel Stack Legal Research, https://law.counselstack.com/opinion/united-states-savings-loan-co-v-owens-wash-1900.