STONE, Circuit Judge.
On April 20, 1925, the Central Properties Corporation made its deed of trust and chattel mortgage to secure bonds of the par value of $4,500,000. The deed of trust covered two tracts of land and buildings thereon in St. Louis, Mo. — called herein, respectively, the Grand Central and the Ambassador properties. The Ambassador property consisted of a 17-story downtown office building containing a large (3,000 seats) moving picture theater...
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