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VAUGHT v. CHARLESTON NAT. BANK

No. 704.

62 F.2d 817 (1933)

VAUGHT et al. v. CHARLESTON NAT. BANK.

Circuit Court of Appeals, Tenth Circuit.

January 5, 1933.

Attorney(s) appearing for the Case

Raymond R. Ryan, of Albuquerque, N. M., for appellants.

Merritt C. Mechem, of Albuquerque, N. M. (Henry G. Coors and D. A. MacPherson, Jr., both of Albuquerque, N. M., on the brief), for appellee.

Before LEWIS and McDERMOTT, Circuit Judges, and POLLOCK, District Judge.

McDERMOTT, Circuit Judge.

The Receivers of The White Pine Lumber Company appeal from the allowance of a claim for $6,344.81, based on the corporation's negotiable note payable to W. A. MacCorkle, its President, and signed by Frank H. Porter, its Treasurer and General Manager. The note was endorsed in blank by MacCorkle and delivered to the appellee (then the Kanawha National Bank) before maturity, as collateral security for any indebtedness owing by MacCorkle or his...

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