HEALY, Circuit Judge.
Appellant, a citizen of Michigan, sued appellee, an irrigation district organized under the law of California, to recover on interest coupons detached from the District's refunding bonds. The recovery sought was of interest computed at the rate of 4%. The District pleaded as an affirmative defense that the interest rate had been reduced to 3% in line with a provision of the refunding plan under which the bonds were issued, and that appellant...
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