CHASE NAT. BANK v. PAN AMERICAN PETROLEUM CO.

No. 419 — J.

9 F.Supp. 394 (1934)

CHASE NAT. BANK OF CITY OF NEW YORK v. PAN AMERICAN PETROLEUM CO. et al.

District Court, S. D. California, Central Division.

December 31, 1934.


Attorney(s) appearing for the Case

Joseph V. Kline, of New York City, and Clarence M. Hanson, of Los Angeles, Cal., for plaintiff.

Gibson, Dunn & Crutcher (by Homer D. Crotty), of Los Angeles, Cal., for William C. McDuffie, receiver of Richfield Oil Co. of California.

Clayton T. Cochran, of Los Angeles, Cal., for Pan American Petroleum Co.

Hill, Morgan & Bledsoe, Elvon Musick, and Howard Burrell (by Elvon Musick), all of Los Angeles, Cal., for Cities Service Co.


JAMES, District Judge.

The plaintiff, Chase National Bank of the City of New York, cotrustee with Bank of America named in an indenture providing first mortgage security for an issue of $10,441,400 bonds of Pan American Petroleum Company, brings this suit for declaratory relief (section 400, tit. 28, U. S. C. [28 USCA § 400]).

The point in question is whether by the amendment to section 847, tit. 28, U. S. C. (28 USCA § 847), adopted by Congress...

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