S. L. COLLINS OIL CO. v. CENTRAL TRUST CO.

No. 7521.

18 F.2d 474 (1927)

S. L. COLLINS OIL CO. v. CENTRAL TRUST CO. OF ILLINOIS et al.

Circuit Court of Appeals, Eighth Circuit.

April 4, 1927.


Attorney(s) appearing for the Case

Charles A. Steele, of Tulsa, Okl., and J. C. Mabry, of Albia, Iowa (W. A. Daugherty, of Tulsa, Okl., on the brief), for appellant.

George S. Ramsey, of Tulsa, Okl. (Conard E. Cooper, Edgar A. De Meules, and Villard Martin, all of Tulsa, Okl., on the brief), for appellees.

Before STONE and VAN VALKENBURGH, Circuit Judges, and TRIEBER, District Judge.


STONE, Circuit Judge.

The Southern Oil Corporation (an Oklahoma corporation) gave two notes of $25,000 each payable to the order of Lafe S. Collins and dated April 10 and April 11, 1922, respectively. The first note was secured by deposit, as collateral, of certificates representing capital stock in the Kansas & Gulf Company. The second note was secured by the deposit, as collateral, of 25 gold notes of the Kansas & Gulf Company, numbered MB-123 to MB-147...

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