# Stephan v. Equitable Savings and Loan Association

> Oregon Supreme Court · May 16, 1974 · 268 Or. 544

URL: https://www.frixlaw.com/law-library/cases/9581255

## Case

- **Full name:** STEPHAN Et Al, Appellants and Cross-Respondents, v. EQUITABLE SAVINGS AND LOAN ASSOCIATION, Respondent and Cross-Appellant
- **Court:** Oregon Supreme Court
- **Decided:** May 16, 1974
- **Citations:** 268 Or. 544; 522 P.2d 478; 1974 Ore. LEXIS 487
- **Precedential status:** Published
- **Opinion:** Concurrence by Howell
- **Judges:** O'Connell, Denecke, Holman, Tongue, Howell, Bryson
- **Cited by:** 34 later opinions in the Frix Law Library

## Citator (automated)

- No negative treatment found by the automated citator. That is not the same as a confirmation that the case is good law; read the citing cases.
- Full citator and citing cases: https://www.frixlaw.com/law-library/cases/9581255

## How later opinions describe it (automated extraction)

- describing periodic rest attribute of compound interest

## Opinion text

HOWELL, J.,
specially concurring.
I agree with the majority that plaintiffs are entitled to prevail. Plaintiffs have requested either an *577 accounting for all profits resulting from the use of the trust funds or an assessment of interest at six per cent, whichever is greater. The majority concludes that it is in plaintiffs’ best interests to forego the accounting because it would be too difficult and expensive to accomplish. This may well be true, but in my opinion that decision should be made by the plaintiffs, not by the court. The suit should be remanded to grant plaintiffs either an accounting or the award of interest.
O’Connell, C. J., joins in this opinion.

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/9581255. Public record. Not legal advice.