Gary-Hobart Savings & Loan Ass'n v. Strong

Appellee, upon solicitation of agents of appellant, paid to appellant, by check $250.00 and contemporaneously therewith, executed the following:

“The undersigned hereby applies for membership in Gary-Hobart Savings & Loan Association, Rural, and agrees to be bound by the rules, regulations and by-laws of the Association, and agrees to purchase a certificate of membership on the following basis: (No. 287)

“I agree to pay to the said Association in cash-with my application the sum of $250.00 as a membership fee, and I further agree to deposit monthly the minimum sum of $25.00 until such deposits…