PAINE v. ST. PAUL UNION STOCKYARDS CO.

No. 7653.

35 F.2d 624 (1929)

PAINE et al. v. ST. PAUL UNION STOCKYARDS CO.

Circuit Court of Appeals, Eighth Circuit.

October 28, 1929.


Attorney(s) appearing for the Case

Thomas D. O'Brien, of St. Paul, Minn. (Alexander E. Horn and Edward S. Stringer, both of St. Paul, Minn., and Sullivan & Cromwell, of New York City, on the brief), for plaintiffs in error.

D. L. Grannis, of South St. Paul, Minn., and Frank L. Horton, of Chicago, Ill., for defendant in error.

Before KENYON and VAN VALKENBURGH, Circuit Judges, and OTIS, District Judge.


VAN VALKENBURGH, Circuit Judge.

The St. Paul Stockyards Company, plaintiff below, brought suit against William A. Paine and others, copartners and stockbrokers, doing business under the firm name of Paine, Webber & Co., defendants, to recover the value of government bonds, aggregating $48,000, on the theory that they had been converted by defendants. The bonds in question had been unlawfully appropriated by one Lindsay, at that time treasurer of the Stockyards...

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