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IN RE FIRST NAT. BANK OF BILLINGS

No. 1552.

39 F.2d 663 (1930)

In re FIRST NAT. BANK OF BILLINGS.

District Court, D. Montana.

April 2, 1930.

Attorney(s) appearing for the Case

Johnston, Coleman & Jameson, of Billings, Mont., for receiver.

Geo. W. Pierson and G. C. Cisel, both of Billings, Mont., for bidders.

BOURQUIN, District Judge.

A document filed by Swords is in form a "petition for approval of sale of assets." It represents he is receiver for said bank in "process of liquidation over a period of years," which unobtrusive statement reflects the like in a letter of the Comptroller attached; that during said period 75 per cent. dividends have been paid; that all other assets in three lots were duly advertised, and at public sale bids therefor aggregating $82,100 were...

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