State Ex Rel. Home Planners Depository v. Hughes

Relator seeks to compel the Commissioner of Finance to license it under Section 10263, Revised Statutes 1919, as an unincorporated association of individuals “formed for the purpose of accumulating a fund or funds to be used for the purpose of enabling contributors to such fund, or their assigns, to secure a loan or loans for the purpose of acquiring a dwelling house ... or discharging a mortgage or other encumbrance thereon. ’ ’ The surety bonds required by the section named have been tendered and no objection is made to them. The questions raised relate to the validity of Section 10263 and…