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JAMESON v. GUARANTY TRUST CO. OF NEW YORK

No. 3897.

20 F.2d 808 (1927)

JAMESON et al. v. GUARANTY TRUST CO. OF NEW YORK et al.

Circuit Court of Appeals, Seventh Circuit.

July 22, 1927.

Attorney(s) appearing for the Case

Nathan L. Miller, of New York City, for appellants.

Robt. T. Swaine, of New York City, for Robt. T. Swaine and others.

Horace Kent Tenney, of Chicago, Ill., for appellee Guaranty Trust Co. of New York and Calloway, trustee.

Ralph M. Shaw, of Chicago, Ill., for appellees receivers.

Mitchell D. Follansbee, of Chicago, Ill., for appellee Bankers' Trust Co.

G. M. Peters, of Chicago, Ill., for appellee Farmers' Loan & Trust Co.

Before ALSCHULER, PAGE, and ANDERSON, Circuit Judges.

ALSCHULER, Circuit Judge (after stating the facts as above).

The questions involved in this appeal may be best stated as they are in appellants' brief, under the title of "Contested Issues," and in that order considered:

"(1) The first important issue involved in the appeal is as to the distribution of the new securities as between stockholders and bondholders, and turns upon a question of law as to the correct interpretation of the principle established in...

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