In re the Election for Secretary of the United Towns Building & Loan Ass'n

The opinion of the court was delivered by

Swayze, J.

The respondent questions the right of the court to proceed under section 42 of the Corporation act— first, because that section is said not to he applicable to a *32building and loan association which is incorporated under another act and is expressly excepted in section 6 of the Corporation ac-t and impliedly excluded from its operation by section 3; second, because a building and loan association does not, properly speaking, have shares of capital stock.(1) We might well rest our jurisdiction upon the Provident Building and Loan Association…