Rocker v. Cardinal Building & Loan Ass'n of Newark

These appeals are, in all respects, identical with that of Busci v. Longworth Building and Loan Association (No. 57, May term, 1935, re-argued as No. 1, May term, 1936, decided October 26th, 1937), 119 N. J. L. 120, except that in the former the action was to recover the withdrawal value of installment shares, and in the latter the principal and interest of paid up shares. This is of no consequence. Pamph. L. 1925, ch. 65, pp. 223, 224, § 74, under the title of “status of shares, provides, inter alia," * * * and all members shall occupy the same relative status as to debts and losses of such…