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JOHN T. PORTER CO. v. JAVA COCOANUT OIL CO.

No. 4139.

4 F.2d 476 (1925)

JOHN T. PORTER CO. et al. v. JAVA COCOANUT OIL CO., Limited.

Circuit Court of Appeals, Ninth Circuit.

Rehearing Denied March 16, 1925.

Attorney(s) appearing for the Case

H. C. Wyckoff and Wyckoff & Gardner, all of Watsonville, Cal., for appellants Pajaro Valley Savings Bank and Pajaro Valley Nat. Bank.

Warren Olney, Jr., J. M. Mannon, Jr., A. Crawford Greene, all of San Francisco, Cal. (John F. Cassell, of San Francisco, Cal., of counsel), for appellants John T. Porter Co., Fanny C. Porter, Florence Porter Pfingst, and Edward Porter Pfingst.

Pillsbury, Madison & Sutro, Alfred Sutro, and Eugene M. Prince, all of San Francisco, Cal., for appellee.

Before GILBERT, HUNT, and RUDKIN, Circuit Judges.

RUDKIN, Circuit Judge.

By an instrument in writing, bearing date April 26, 1920, Warren R. Porter pledged to the John T. Porter Company 120 shares of the capital stock of the Pajaro Valley Savings Bank and 60 shares of the capital stock of the Pajaro Valley National Bank to secure the payment of his indebtedness to the Porter Company, amounting to the sum of $19,000, evidenced by a promissory note bearing date December 12, 1919. The original date of the note was December...

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