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OF THE

ATTORNEY GENERAL

OF THE

STATE OF WISCONSIN

V
VOL. HI

January 1, 1915, to December 31, 1915

WALTER C. OWEN

Attorney General

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ATTORNEYS GENERAL OF WISCONSIN

FROM THE ORGANIZATION OF THE STATE.

JAMES S. BROWN, Milwaukee...
S. PARK COON, Milwaukee.....
EXPERIENCE ESTABROOK, Geneva..
GEORGE B. SMITH, Madison.
WILLIAM R. SMITH, Mineral Point.
GABRIEL BOUCK, Oshkosh.....
JAMES E. HOWE, Green Bay.
WINFIELD SMITH, Milwaukee..
CHARLES R. GILL, Watertown.
STEPHEN S. BARLOW, Dellona..
A. SCOTT SLOAN, Beaver Dam.
ALEXANDER WILSON, Mineral Point..
LEANDER F. FRISBY, West Bend...
CHARLES E. ESTABROOK, Manitowoc.
JAMES L. O'CONNOR, Madison..
WILLIAM H. MYLREA, Wausau..
EMMETT R. HICKS, Oshkosh.

from June 7, 1848, to Jan. 7, 1850 from Jan. 7, 1850, to Jan. 5, 1852 from Jan. 5, 1852, to Jan. 2, 1854 from Jan. 2, 1854, to Jan. 7, 1856 from Jan. 7, 1856, to Jan. 4, 1858 from Jan. 4, 1858, to Jan. 2, 1860 from Jan. 2, 1860, to Oct. 7, 1862 from Oct. 7, 1862, to Jan. 1, 1866 from Jan. 1, 1866, to Jan. 3, 1870 from Jan. 3, 1870, to Jan. 5, 1874 from Jan. 5, 1874, to Jan. 7, 1878 ..from Jan. 7, 1878, to Jan. 2, 1882

from Jan. 2, 1882, to Jan. 3, 1887 ..from Jan. 3, 1887, to Jan. 5, 1891 from Jan. 5, 1891, to Jan. 7, 1895 from Jan. 7, 1895, to Jan. 2, 1899 from Jan. 2, 1899, to Jan. 5, 1903 from Jan. 5, 1903, to Jan. 7, 1907 from Jan. 7, 1907, to Jan. 2, 1911 from Jan. 2, 1911, to Jan. 6, 1913 from Jan. 6, 1913, to

ERRATA

Lafayette M. STURDEVANT, Neillsville
FRANK L. GILBERT, Madison..
LEVI H. BANCROFT, Richland Center..
WALTER C. OWEN, Maiden Rock....

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OPINIONS

OF

ATTORNEY-GENERAL

OF

WISCONSIN

JANUARY, 1915

Building and Loan Association-Mortgages No right to sell or assign the mortgages it holds.

Under facts stated not safe for a second mortgagee to purchase the first mortgage held by building and loan association in order to strengthen his security.

Sections 2014s and 2014-15 construed.

HON. A. E. KUOLT,

Commissioner of Banking.

January 2, 1915.

I have your letter of the 19th ult., in which you submit the following statement of facts:

“A, a building and loan association, holds a mortgage on B's property. C holds a second mortgage. B subsequently goes into bankruptcy. C in order to make the most out of his claim desires to buy the first mortgage held

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