1. Home
  2. Browse Decisions
  3. Mass.
  4. 329 Mass.
  5. 329 Mass. 401 (1952)
 

COMMISSIONER OF BANKS v. FITCHBURG CO-OPERATIVE BANK

329 Mass. 401 (1952)

108 N.E.2d 542

COMMISSIONER OF BANKS vs. FITCHBURG CO-OPERATIVE BANK & others.

Supreme Judicial Court of Massachusetts, Suffolk.

November 4, 1952.

Attorney(s) appearing for the Case

John P. Clair, (James S. O'Connell & Zangwill Sher with him,) for the plaintiff.

Anthony Julian, (Benjamin Flaum & James H. Walsh, Jr., with him,) for the defendants.

Present: QUA, C.J., RONAN, WILKINS, & SPALDING, JJ.

SPALDING, J.

On September 24, 1951, the board of directors of the Fitchburg Co-operative Bank (hereinafter called the defendants) voted unanimously to convert the bank into a Federal savings and loan association. Taking the position that certain acts of the defendants (of which more will be said later) were illegal and vitiated the purported conversion, the commissioner of banks brought this bill in equity for declaratory...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases