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SECURITY TRUST & SAVINGS BANK OF SAN DIEGO v. WALSH

No. 8378.

91 F.2d 481 (1937)

SECURITY TRUST & SAVINGS BANK OF SAN DIEGO et al. v. WALSH et al.

Circuit Court of Appeals, Ninth Circuit.

July 20, 1937.

Attorney(s) appearing for the Case

Lindley & Higgins and J. F. DuPaul, all of San Diego, Cal., for appellants.

Lloyd S. Nix, of Los Angeles, Cal., for appellees.

Before DENMAN, STEPHENS, and HEALY, Circuit Judges.

HEALY, Circuit Judge.

The Eagle, Star and British Dominions, a British corporation, issued a policy of marine insurance upon the vessel Yellow-tail in favor of the appellees, Garbutt-Walsh, and appellants Tadlock and Security Trust & Savings Bank of San Diego, as their interests may appear. Tadlock was the owner of the vessel. Appellant Security Trust & Savings Bank held a mortgage on it to secure a debt in excess of $8,000. The appellees Garbutt-Walsh had...

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