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HOPKINS SAVINGS ASSN. v. CLEARY

No. 55.

296 U.S. 315 (1935)

56 S.Ct. 235

80 L.Ed. 251

HOPKINS FEDERAL SAVINGS & LOAN ASSN. ET AL. v. CLEARY ET AL.

Supreme Court of United States.

Decided December 9, 1935.

Attorney(s) appearing for the Case

Messrs. Emery J. Woodall and Horace Russell, with whom Messrs. John H. Schlintz, B.F. Saltzstein, Wallace Reiss, and J. Aldrich Hall were on the brief, for petitioners.

Mr. Joseph P. Brazy, with whom Mr. J.E. Finnegan, Attorney General of Wisconsin, and Mr. Benjamin Poss were on the brief, for respondents.

MR. JUSTICE CARDOZO delivered the opinion of the Court.

The controversy in each of these causes is one as to the meaning and validity of an Act of Congress whereby building and loan associations organized under the laws of a state may be converted into Federal Savings & Loan Associations upon the vote of a majority of the shareholders present at a meeting legally convened.

In Number 55, an original suit was brought...

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