RECONSTRUCTION FINANCE CORPORATION v. HERRING

No. 9334.

110 F.2d 320 (1940)

RECONSTRUCTION FINANCE CORPORATION OF WASHINGTON, D. C., et al. v. HERRING et al.

Circuit Court of Appeals, Ninth Circuit.

Rehearing Denied May 7, 1940.


Attorney(s) appearing for the Case

John L. Wheeler, of Los Angeles, Cal., for Reconstruction Finance Corporation and in pro. per.

Leonard Comegys, of Los Angeles, Cal., for Herring, trustee of debtor.

Before GARRECHT, HANEY, and STEPHENS, Circuit Judges.


HANEY, Circuit Judge.

A claim for compensation made by a creditor in a bankruptcy proceeding was disallowed, and the creditor appeals.

Kinner Airplane and Motor Corporation, Ltd., engaged in the manufacture of airplane engines, borrowed $200,000 from the Reconstruction Finance Corporation, hereafter called appellant, as evidenced by a promissory note dated December 14, 1934, due in one year, which provided, among other things: "* * * The undersigned shall...

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