MASON v. CITIZENS' NAT. TRUST & SAVINGS BANK

No. 7267.

71 F.2d 246 (1934)

MASON v. CITIZENS' NAT. TRUST & SAVINGS BANK OF LOS ANGELES. In re LOS ANGELES MFG. CO.

Circuit Court of Appeals, Ninth Circuit.

May 31, 1934.


Attorney(s) appearing for the Case

Bicksler, Parke & Catlin and W. G. Danielson, all of Los Angeles, Cal., for appellant.

H. W. O'Melveny, Walter K. Tuller, Louis W. Myers, and Clinton La Tourrette, all of Los Angeles, Cal., for appellee.

Atlee Pomerene and Frank Harrison, both of Cleveland, Ohio, and Mortimer A. Kline, of Los Angeles, Cal., amici curiæ.

Clarence M. Hanson, of Los Angeles, Cal., and Joseph V. Kline, of New York City (Freston & Files, of Los Angeles, Cal., and Mudge, Stern, Williams & Tucker, of New York City, of counsel), for Chase Nat. Bank of New York and Bank of America, amici curiæ.

Before WILBUR, SAWTELLE, and GARRECHT, Circuit Judges.


SAWTELLE, Circuit Judge.

On December 31, 1926, the Los Angeles Manufacturing Company, engaged primarily in the manufacture of water well and oil well casing, pipes, tanks, and similar equipment, executed and delivered to a predecessor of the appellee herein, as trustee, an indenture dated July 1, 1926, to secure the payment of a bonded indebtedness of $150,000 that had been theretofore created by the corporation.

No question is raised as to the propriety of...

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