In Re Sixth Ward B. L. Assn.

Mrs. Motzenbecker excepts to the account of the trustees in dissolution because it shows the Association's liability to her in the sum of $633.25 instead of $1,000.

Exceptant in 1919 subscribed to five shares of installment stock of the Association with a maturity value of $1,000, and on October 12th, 1932, her shares matured. The Association, however, had at the time no funds available for paying off her shares. Her dues paid amount to $745 and her profits $255. Acting under the emergency statute, P.L. 1933 p. 94; R.S. AppendixA:7-3, c., the Commissioner of Banking and Insurance on March…