Synnott v. Iron Belt Building & Loan Ass'n

SIMONTON, Circuit Judge.

This is an action of assumpsit brought by plaintiff, shareholder in the defendant company, for the withdrawal value of his shares under by-laws of the corporation. The defense admits the right of recovery, the only question being as to the amount thereof and the period of time for which interest should run. The cause has by stipulation been submitted to the court to pass upon all issues of fact as well as law, without the intervention of a jury.

*293Findings of Fact.

Plaintiff is a citizen and resident of the state of New Jersey. The defendant is a corporation created under…