Redmon v. Intermountain Building & Loan Ass'n

Appellant is, and since November, 1920, has been, a mutual building and loan association, organized and operating as such under the laws of the state of Utah. January 16, 1922, respondent Roy Samuel Redmon made application to appellant for sixty, and respondent Vera Redmon for twenty, shares of “Investors Guaranteed Dividend Stock.” January 23, 1922, a certificate was issued to respondent Roy Samuel Redmon for sixty, and January 30, 1922, a certificate issued to Yera Redmon for twenty, shares of such stock. At the time the certificates were issued Mr. Redmon paid appellant the sum of $180 on…