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SECURITY BUILDING & LOAN ASS'N v. SPURLOCK

No. 7099.

65 F.2d 768 (1933)

SECURITY BUILDING & LOAN ASS'N et al. v. SPURLOCK et al.

Circuit Court of Appeals, Ninth Circuit.

Rehearing Denied July 24, 1933.

Attorney(s) appearing for the Case

Henderson Stockton, of Phœnix, Ariz., for appellant Security Building & Loan Ass'n.

Alexander B. Baker, Louis B. Whitney, and Lawrence L. Howe, all of Phœnix, Ariz., for appellant Dodt.

Alice M. Birdsall and Thomas W. Nealon, both of Phœnix, Ariz., for appellees.

Before WILBUR, SAWTELLE, and MACK, Circuit Judges.

WILBUR, Circuit Judge.

The Security Building & Loan Association having been adjudged a bankrupt appeals from the order on the ground that it is exempt from the provisions of the Bankruptcy Act by reason of the amendment thereto enacted by Congress February 11, 1932, expressly excepting building and loan associations from the operation of the act (47 Stat. 47 [11 USCA § 22]). The order of the adjudication entered September 29, 1932, was based upon a finding...

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