Red Bank Building & Loan Ass'n v. Alling

FORMAN, District Judge.

This is an action brought on the equity side of this court by the plaintiff (at times hereinafter referred to as the “Association”) for the purpose of compelling the defendant (at times hereinafter referred to as the “Receiver”) to pay from his trust the sum of $32,956.80, representing the withdrawal value of certain shares of the Association paid by it to the Reconstruction Finance Corporation, so that the Association may be in a position precisely as though it had set off moneys on deposit to its credit in the Receiver’s Bank against the withdrawal value of its shares.