Klein v. Jefferson County Building & Loan Ass'n

The appellant, a stockholder in the Jefferson County Building & Loan Association, filed the petition in this case against the corporation, under the Declaratory Judgment Act, seeking to invoke the court’s jurisdiction to enter a declaratory judgment as to the constitutionality of “Certain features of the ‘Savings and Loan Act’ ” No. 459, approved September 21, 1939;

As a basis for relief the petition avers:

“That on, to-wit: January 9th, 1940, the said Association held its annual meeting of shareholders, at which more than two-thirds in value of its shareholders were present in persón, or by…