Secretary of Banking v. Southwestern Building & Loan Ass'n

Opinion by

Mr. Justice Barnes,

This appeal is from a final order of the court below, refusing to grant a rule upon the secretary of banking to show cause why his appointment as receiver for the defendant building and loan association should not be revoked. The petition for the rule followed a similar petition filed in the same court several months prior thereto, upon which a rule had issued, and which the court below, after argument, discharged.

The facts material to the question before us are as follows: On December 18, 1931, the department of banking, as a result of an examination of the…