Tyler v. Old Post Building Ass'n

The controlling questions in this case are presented by the special finding. We extract from the finding the material facts as follows: The appellee is a corporation organized under the act concerning building and loan *324fund associations. The articles of association state the object of forming the corporation to be “ to enable its members to accumulate by weekly and monthly contributions or assessments the necessary funds for acquiring homes or establishing themselves in business.” The by-laws adopted express the same purpose, and make provision for conducting the corporate affairs, providing,…