Stoddard v. Miami Savings & Loan Co.

HOUGH, District Judge.

The complainant, a citizen of the state of Texas, seeks injunctive relief against the defendant, Miami Savings & Loan Company, a corporation citizen of the state of Ohio, organized and existing under its laws.

On the 12th day of November, 1929, complainant became a depositor of funds in the defendant company, and on three subsequent dates deposited further amounts with the company, all of whieh were evidenced by certificates of special deposit. The deposits were made and the certificates issued, bearing no due or maturity date, under the by-laws of the defendant…