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INSURANCE FINANCE CORP. v. PHŒNIX SECURITIES CORP.

No. 1380.

42 F.2d 933 (1930)

INSURANCE FINANCE CORPORATION v. PHŒNIX SECURITIES CORPORATION et al.

District Court, D. Idaho, S. D.

July 3, 1930.

Attorney(s) appearing for the Case

C. M. Hawkins, of Oakland, Cal., and Frawley & Barnes, of Boise, Idaho, for plaintiff.

Frank T. Wyman, Barber & Barber, C. S. Hunter, and Wm. B. Davidson, all of Boise, Idaho, George Donart, of Weiser, Idaho, Frank L. Stephan, of Twin Falls, Idaho, and Cleve Groome, of Caldwell, Idaho, for defendants.

CAVANAH, District Judge.

On the 3d day of May, 1928, King, one of the defendants here, and as a stockholder in the Idaho Fire Insurance Company, began an action in the state court to impress a trust upon certain securities held by the commissioners of finance and insurance of Idaho and for the appointment of a receiver to take possession and distribute them to those entitled thereto.

In August, 1928, the present suit was brought for the purpose, as disclosed...

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