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FIRST FEDERAL SAVINGS & LOAN ASS'N v. FINNEGAN

No. 2313.

19 F.Supp. 678 (1937)

FIRST FEDERAL SAVINGS & LOAN ASS'N OF WISCONSIN v. FINNEGAN, Atty. Gen., of State of Wisconsin, et al.

District Court, W. D. Wisconsin.

June 16, 1937.

Attorney(s) appearing for the Case

William Ryan, of Madison, Wis., and Horace Russell, of Washington, D. C., for plaintiff.

Leon Isaacson, of Madison, Wis., and Benjamin Poss, of Milwaukee, Wis., for defendants.

STONE, District Judge.

1. The plaintiff, First Federal Savings & Loan Association of Wisconsin, is a corporation duly organized under and existing by virtue of section 5 of the Home Owners' Loan Act of 1933 (12 U.S.C.A. § 1464 and note) with power and authority to transact the business authorized by said act, including the right to lend its funds on the security of its shares and on the security of first liens upon homes, or combinations of homes and business...

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