IN RE GUARDIAN BUILDING & LOAN ASS'N

No. 16266.

53 F.2d 412 (1931)

In re GUARDIAN BUILDING & LOAN ASS'N (MOTT, Corporation Com'r, Intervener).

District Court, D. Oregon.

October 2, 1931.


Attorney(s) appearing for the Case

John W. Kaste, of Portland, Or., for alleged bankrupt.

Wm. B. Layton and N. Ray Alber, both of Portland, Or., for petitioning creditors.

Barnett H. Goldstein, of Portland, Or., for intervener.


McNARY, District Judge.

The association has an authorized capital stock of 100,000 shares, divided into 99,750 shares of contributing dividend stock (the owners of which are hereafter called shareholders), and 250 shares of noncontributing reserve-fund stock. The membership consists of 21,000 shareholders, who have paid in to the association the sum of $1,131,720.

On the 2d day of June, 1931, the circuit court of the state of Oregon for Multnomah county appointed...

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