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GUARANTY TRUST CO. OF NEW YORK v. PACIFIC & I. N. RY. CO.

No. 1938.

17 F.Supp. 646 (1937)

GUARANTY TRUST CO. OF NEW YORK v. PACIFIC & I. N. RY. CO.

District Court, D. Idaho, S. D.

January 8, 1937.

Attorney(s) appearing for the Case

Hawley & Worthwine, of Boise, Idaho, for plaintiff.

John A. Carver, U. S. Dist. Atty., and E. H. Casterlin and Frank Griffin, Asst. U. S. Dist. Attys., all of Boise, Idaho, for the United States.

CAVANAH, District Judge.

The United States and certain persons have filed claims against the fund now in the possession of the Guaranty Trust Company of New York, trustee, for the use and benefit of the Pacific & Idaho Northern Railroad Company, and requested that the same be decreed as prior claims to the mortgage lien of the bondholders. The funds in the possession of the trustee were derived from the sale of the mortgaged property of the Railway Company. The...

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