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FIRST NAT. BANK OF ATLANTA v. SOUTHERN COTTON OIL CO.

No. 7575.

78 F.2d 339 (1935)

FIRST NAT. BANK OF ATLANTA et al. v. SOUTHERN COTTON OIL CO. et al.

Circuit Court of Appeals, Fifth Circuit.

June 7, 1935.

Attorney(s) appearing for the Case

Jno. R. L. Smith and Furman Smith, both of Macon, Ga., Frank C. Tindall, of Atlanta, Ga., and E. W. Jordan, of Sandersville, Ga., for appellants.

Scott Russell, of Macon, Ga., T. M. Cunningham and F. M. Oliver, both of Savannah, Ga., C. L. Shepard, of Fort Vallay, Ga., Pope F. Brock, of Atlanta, Ga., W. C. McMillan, of Macon, Ga., and Robt. S. Parker, of Atlanta, Ga., for appellees.

Before BRYAN, FOSTER, and HUTCHESON, Circuit Judges.

FOSTER, Circuit Judge.

This suit was instituted by the Southern Cotton Oil Company by filing a bill in equity against L. B. Holt, individually and as trustee under a deed by C. G. Rawlings, conveying certain farm property to him as trustee to secure 55 notes, made by Rawlings, in the sum of $200,000. The suit was based on other notes given by Holt as trustee, indorsed individually by himself, for approximately $20,000, in payment for fertilizer and seeds bought by...

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