HILL, J.
Contrary to our usual custom, instead of beginning by saying what this action is about, we begin by saying what it is not. It is not, in any sense, a controversy as to the merits of mutual savings banks or of savings and loan associations; both types of financial institutions are entitled to "point with pride"; each serves an important but distinctive purpose.
We are concerned with a phase of an action, commenced in 1958, in which the Washington Mutual...
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