CONSUMERS' CO. v. GOODRICH TRANSIT CO.

No. 4627.

53 F.2d 972 (1931)

CONSUMERS' CO. v. GOODRICH TRANSIT CO. FIRST UNION TRUST & SAVINGS BANK v. CONSUMERS CO. et al.

Circuit Court of Appeals, Seventh Circuit.

Rehearing Denied January 2, 1932.


Attorney(s) appearing for the Case

Beverly B. Vedder and Thomas C. Strachan, Jr., both of Chicago, Ill., for appellant.

Edwin W. Sims, of Chicago, Ill., Franklin J. Stransky, of Savannah, Ill., Walter Brewer, of Chicago, Ill., Cassius Poust, of Sycamore, Ill., and James P. Carey, Jr., of Chicago, Ill., for appellee receivers.

Willard F. Keeney and Julius H. Amberg, both of Grand Rapids, Mich., for appellee Goodrich Transit Co.

Before ALSCHULER, EVANS, and SPARKS, Circuit Judges.


EVANS, Circuit Judge.

This appeal is from a decree denying appellant's two petitions, one for permission to foreclose a mortgage in admiralty and the other to have the earnings of the steamship Alabama segregated and held for the benefit of the first mortgage bondholders for whom appellant was acting as trustee.

The facts: At the instigation of Consumers Company, a large creditor, receivers were duly appointed for...

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