Campbell v. Perth Amboy Mutual Loan, Homestead & Building Ass'n

The opinion of the court was delivered by

Collins, J.

This demurrer is interposed to the first four counts of the declaration, and, in different aspects, challenges the asserted right of the plaintiff to recover, at law, from an association organized under “An act to encourage the establishment of mutual loan, homestead and building associations” [Revision], approved April 9th, 1875 (Gen. Stat., p. 331) and its supplements, the value of matured shares therein held by the plaintiff. It is conceded that normally there would be no such right, hut the plaintiff insists that the averments of his dec*72l…