Caruso v. Members B. & L. Assn.

Per Curiam,

The matter arose in a petition praying for a decree to satisfy a mortgage belonging to the defendant building and loan association. The státement of the question involved is “under the undisputed evidence in this case was defendant insolvent when plaintiff sought to apply his shares on account of his mortgage indebtedness ?

The answer to this is that there was sufficient evidence to support the finding of the court that the company was solvent. There were several appraisers who testified, according to their investigations, that the company was insolvent on December 16, 1932. There…