Case Name: E. S. Hoyt vs. Interocean Building Ass'n
Court: Minnesota Supreme Court
Jurisdiction: Minnesota
Decision Date: 1894-07-23
Citations: 58 Minn. 345
Docket Number: No. 8707
Parties: E. S. Hoyt vs. Interocean Building Ass’n.
Judges: 
Reporter: Minnesota Reports
Volume: 58
Pages: 345–346

Head Matter:
E. S. Hoyt vs. Interocean Building Ass’n.
Submitted on briefs May 15, 1894.
Reversed July 23, 1894.
No. 8707.
Order of payment of withdrawals from solvent building associations.
In the absence of a statute or a by-law regulating the order of payment, stockholders- withdrawing from a solvent building- association are to be paid in full in the order in which they perfect their withdrawals.
Appeal by defendant, the Inter Ocean Building Association, from a judgment of the Municipal Court of the City of St. Paul, H. W. Cory, J., entered August 15, 1893, in favor of plaintiff, E. S. Hoyt, upon the pleadings for $105.82.
O. H. O’Neill, for appellant.
J. C. Michael, for respondent.

Opinion:
Per Curiam.
This ease is governed by the determination in Heinbokel v. National Sav. L. & B. Ass'n, ante, p. 340, (59 N. W. 1050,) just decided, and the judgment against defendant is reversed.