Twin City Milk Producers Assn. v. Oase

Devanen, Chief Justice.

Appeal from order striking certain allegations of appellants’ complaint in intervention.

Plaintiff-respondent, the Twin City Milk Producers Association, is a cooperative association organized pursuant to L. 1921, c. 23. It will hereinafter be referred to as the association.

The association is capitalized at $3,000,000, divided into 60,000 shares of stock of the par value of $50 each, -which are held by some 8,000 members. No person can be a stockholder unless he is a dairyman engaged in business as such or an officer or director in a cooperative association engaged in the…