Mott v. Western Savings & Loan Ass'n

It is urged by defendants, Armen and O’Neill, and the intervener that the circuit court erred in holding that shareholders, who gave notice of with drawal prior to the time when the corporation commissioner took charge of the association, did not thereby become creditors of the association or obtain any preference right over shareholders who gave no notice of withdrawal; and, especially, in holding that the intervener, whose notice of withdrawal was given more than sixty days prior to the date when the corporation commissioner took charge, did not become a creditor of the association at the…