UNION TRUST CO. v. WOODROW MFG. CO.

No. 9005.

48 F.2d 194 (1931)

UNION TRUST CO. OF CLEVELAND, OHIO, et al. v. WOODROW MFG. CO. et al.

Circuit Court of Appeals, Eighth Circuit.

March 16, 1931.


Attorney(s) appearing for the Case

Casper Schenk, of Des Moines, Iowa (Charles S. Bradshaw and Rex H. Fowler, both of Des Moines, Iowa, on the brief), for appellants.

Robert J. Bannister, of Des Moines, Iowa (H. H. Stipp, E. D. Perry, and Vincent Starzinger, all of Des Moines, Iowa, on the brief), for appellees.

Before STONE and GARDNER, Circuit Judges, and WOODROUGH, District Judge.


STONE, Circuit Judge.

This is an action by a mortgagee for waste of the mortgaged property. From a judgment on a directed verdict in favor of defendants, plaintiffs bring this appeal.

At the time this mortgage was executed, the Woodrow Manufacturing Company (mortgagor therein) was manufacturing washing machines in a plant, equipped therefor, located at Newton, Iowa. Thereafter this entire property was sold. The purchasers organized a new corporation, and removed...

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