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ASH v. CITIZENS B. & L. ASS'N

[No. 251, September Term, 1960.]

225 Md. 395 (1961)

170 A.2d 750

ASH ET AL. v. CITIZENS BUILDING AND LOAN ASSOCIATION OF MONTGOMERY COUNTY, INC.

Court of Appeals of Maryland.

Decided May 19, 1961.

Attorney(s) appearing for the Case

R. Edwin Brown and J. Alex Johnson, with whom was Charles W. Bell on the brief, for the appellants.

Charles W. Prettyman, with whom was Carl F. Gottschalk on the brief, for the appellee.

The cause was argued before BRUNE, C.J., and HENDERSON, HAMMOND, MARBURY and SYBERT, JJ.

HAMMOND, J., delivered the opinion of the Court.

This case presents questions as to the rights of free shareholders in a building association which, over their objections, transferred all of its assets to another building association.

Appellants filed a petition under Code (1957), Art. 23, Sec. 73, in the Circuit Court for Montgomery County, alleging that they were stockholders in The Montgomery Mutual Building and Loan Association (Montgomery) and complaining...

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