BECHTEL TRUST CO. v. IOWA-WISCONSIN BRIDGE CO.

No. 220.

19 F.Supp. 127 (1936)

BECHTEL TRUST CO. et al. v. IOWA-WISCONSIN BRIDGE CO. (KENDRICK et al., Interveners).

District Court, N. D. Iowa, E. D.

Supplemental Opinion January 5, 1937.

On Petitions for Rehearing March 4, 1937.


Attorney(s) appearing for the Case

Bradshaw, Fowler, Proctor & Fairgrave, of Des Moines, Iowa (formerly Bradshaw, Schenk & Fowler), for plaintiffs.

F. A. Ontjes, of Mason City, Iowa, and Chas. N. Dohs and Wm. C. Green, both of St. Paul, Minn., for interveners.

H. Haehlen, of Waukon, Iowa, for Iowa-Wisconsin Bridge Co.

W. B. Sloan, of Des Moines, Iowa, and Senneff, Bliss & Senneff, of Mason City, Iowa, for Phoenix Finance Corporation.


SCOTT, District Judge.

This is a suit in equity by trustees under a trust deed, purporting to secure a $200,000 issue of bonds, and that purports to convey to the trustees an interstate bridge across the Mississippi river from the town of Lansing in Allamakee county, Iowa, to a point on the opposite Wisconsin shore. Plaintiffs' bill alleges default and a breach of condition in failure to pay the principal of two bonds of $5,000 each, the interest upon the entire issue...

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