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ANDERSON v. PENNSYLVANIA HOTEL CO.

No. 6447.

56 F.2d 980 (1932)

ANDERSON v. PENNSYLVANIA HOTEL CO. et al.

Circuit Court of Appeals, Fifth Circuit.

March 23, 1932.

Attorney(s) appearing for the Case

D. C. McMullen, of Tampa, Fla., for appellant.

Austin L. Richardson and Wm. G. King, both of St. Petersburg, Fla., for appellees.

Before BRYAN, SIBLEY, and HUTCHESON, Circuit Judges.

SIBLEY, Circuit Judge.

The property of the Pennsylvania Hotel Company in St. Petersburg, Fla., was subject to two bond mortgages, one dated January 15, 1925, securing $75,000 of bonds, and one dated May 15th, 1925, securing an issue of $225,000. Some of the bonds fell due on each anniversary of the respective mortgages, beginning in 1927, and the interest coupons fell due semiannually. All were payable at the First National Bank of St. Petersburg, which was trustee...

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