In Re Standard Homestead Ass'n

O’NIELL, Chief Justice.

This is an appeal from a judgment rejecting the appellants’ demand to be adjudged preferred creditors of a homestead association in liquidation. The demand is made by opposition to the final account of the liquidator.

The two opponents, owning, respectively, 25 shares and 28 shares of paid-up stock of the homestead association, of the par value of $100 per share, filed with the as- - sociation, on June 2, 1931, their written application for withdrawal of and payment for their 53 shares of stock. The applications were never granted, the reason given by the association…