Rogers v. Public Service Employees Credit Union

SPEER, Justice.

Public Service Employees Credit Union is a corporation, chartered under title 46, Rev.Civil Statutes 1925, as amended by the 41st Legislature, now article 2461 et seq., Vernon’s Ann.Civ.St., for the stated purpose of creating thrift among its members, to make moderate loans at reasonable rates of interest, and to receive the savings of its members in payment of shares of stock or as deposits, and to invest their moneys as provided by the laws under which it was incorporated. It adopted by-laws prescribing its methods and manner of doing business, as provided in said title.

We…