Ochs v. Washington Heights Federal Savings & Loan Ass'n

Valente, J. (dissenting).

Even assuming that petitioners, who are depositors in a Federal savings and loan association organized under the Home Owners’ Loan Act of 1933 (U. S. Code, tit. 12, § 1461 et seq.), may be treated as shareholders in a corporation and therefore entitled to a common-law right of inspection of the list of other depositors or members of the association, I cannot agree that petitioners should have been allowed such an inspection in the instant case without a preliminary trial as to their good faith.

It was held in Durnin v. Allentown Fed. Sav. & Loan Assn. (218 F. Supp.…