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IN RE BANKERS MORTG. CO. OF TOPEKA, KAN.

No. 1390.

83 F.2d 50 (1936)

In re BANKERS MORTG. CO. OF TOPEKA, KAN. AMORTIBANC INV. CO. et al. v. SHAW.

Circuit Court of Appeals, Tenth Circuit.

April 11, 1936.

Attorney(s) appearing for the Case

Robert L. Webb, of Topeka, Kan. (Robert Stone, James A. McClure, Beryl R. Johnson, and Ralph W. Oman, all of Topeka, Kan., on the brief), for appellant Bankers Mortg. Co.

John L. Hunt, of Topeka, Kan., for appellant Amortibanc Inv. Co.

Harry K. Allen, of Topeka, Kan., for appellant Ernest Dyerly.

T. M. Lillard and Philip H. Lewis, both of Topeka, Kan. (O. B. Eidson, of Topeka, Kan., on the brief), for appellant Frank L. Campbell, trustee.

Hugh MacFarland, of Topeka, Kan., for Hilda Shaw.

Before LEWIS, PHILLIPS, and BRATTON, Circuit Judges.

PHILLIPS, Circuit Judge.

The Bankers Mortgage Company is a corporation organized under the laws of Kansas. At all times hereinafter mentioned, the amount of its paid up capital exceeded $100,000. It is authorized to issue savings bonds and deal in mortgages and other securities.

It issued three types of bonds:

1. Installment bonds on which the purchaser made an initial payment and payments at stated times thereafter.

2. Single payment bonds...

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