Brundage v. Home Savings & Loan Ass'n

The opinion of the court was delivered by

Andeks, J.

The appellant is a corporation, organized and existing under the laws of the State of Minnesota, and was, at all times hereinafter mentioned, doing business in this state at the city of Spokane. The object for which the association was incorporated was, according to its charter, “ to assist its members to buy real estate, and build, enlarge or repair houses, paying for the same in weekly or monthly installments, and to accumulate funds from payments on stock subscribed by its members, and to loan such funds to its members on approved real…