Ogden First Federal Savings & Loan Ass'n v. Armstrong

Mr. 'Justice Jackson

delivered the opinion of the court.

This case originated in the district court of the City and County of Denver, where the Ogden First Federal Savings and Loan Association brought suit against both the state treasurer and the commissioner of the Building and Loan Department of the State of Colorado, seeking a declaratory judgment which would have the effect of ordering those two state officials to release some $42,000 in cash and securities belonging to plaintiff savings and loan association which the officials insist on holding as security for Colorado investors in said…