Kraft v. Highland Permanent Building Ass'n

Bosn, O. J.,

delivered the opinion of the Court.

Two free shareholders or depositors of a building and loan association have in this proceeding sought dissolution of the association under the provisions of section 92 of article 23 of the Code: for dissolution of an insolvent corporation upon bill of complaint by a stockholder; a decree of dissolution has been denied; and they have appealed. The case was presented on the bill and an answer of the corporation, and the facts are therefore settled by the pleadings. Miller, Equity Proc., 317, etc. The decisive question is, in the opinion of this…