194 A. 683 | Pa. Super. Ct. | 1937
Argued October 1, 1937.
This appeal is ruled by the decisions of the Supreme Court inDrovin v. Lehigh Coal Navigation Co.,
The mere fact that the Building and Loan Code of 1933 — (Act of May 5, 1933, P.L. 457) — does not specifically provide that stockholders of building and loan associations shall have the right to inspect the list of stockholders, or be furnished with a list of them, will not be applied so as to deprive them of a common-law right enjoyed by stockholders of corporations generally. The code will not be construed as limiting the rights of stockholders to those specifically enumerated except where the intention to do so is clear. Their right to inspect the list of stockholders of the association is not affected by the fact that our Supreme Court has held (Brown v. Victor Bldg. Assn.,
A demurrer admits the truth of the relevant and material facts averred in the pleading demurred to. It does not admit their sufficiency, nor does it admit irrelevant and immaterial matter pleaded, nor the legal conclusions or inferences sought to be drawn from the facts: Chester City v. Paxson,
Judgment affirmed. *533