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KERSH LAKE DRAINAGE DIST. v. STATE BANK & TRUST CO.

No. 10572.

85 F.2d 643 (1936)

KERSH LAKE DRAINAGE DIST. OF JEFFERSON, LINCOLN, AND DESHA COUNTIES, ARK., v. STATE BANK & TRUST CO. OF WELLSTON, MO.

Circuit Court of Appeals, Eighth Circuit.

Rehearing Denied October 5, 1936.

Attorney(s) appearing for the Case

E. W. Brockman, of Pine Bluff, Ark., for appellant.

G. B. Rose, of Little Rock, Ark. (J. F. Loughborough, A. W. Dobyns, A. F. House, and J. W. Barron, all of Little Rock, Ark., on the brief), for appellee.

Before STONE, WOODROUGH, and THOMAS, Circuit Judges.

WOODROUGH, Circuit Judge.

This appeal is taken by Kersh Lake Drainage District to reverse a judgment rendered against it on certain negotiable certificates of indebtedness issued by the commissioners of the district in its name on various dates after March 1, 1913, to July 1, 1919, and maturing on the first day of August of each year from 1929 to 1933, inclusive, and on the first day of August, 1935. The certificates were in the amount of $500 each, and each recited...

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