Methvin v. American Savings & Loan Ass'n

Where in the record reference is made to “the payment of dues,” it is meant the installment payments on the purchase price of the stock in the association bought by the borrower. The words “fines, penalties, etc.,” refer to penalties charged for delinquency in the payment of these installments or interest. The record does not disclose any fines charged to defendants, and the transactions involved are not different in that respect from the affairs of the ordinary building and loan association.

However, the record does not sustain the holding in paragraph 5 of the syllabus, or the holding on…