REGIONAL AGRICULTURAL CREDIT CORPORATION v. CHAPMAN

No. 9956.

129 F.2d 435 (1942)

REGIONAL AGRICULTURAL CREDIT CORPORATION OF SPOKANE, WASH., v. CHAPMAN.

Circuit Court of Appeals, Ninth Circuit.

June 26, 1942.


Attorney(s) appearing for the Case

Mastin G. White, Sol., of Washington, D. C., Robert K. McConnaughey, Associate Sol., of Kansas City, Mo., Thomas M. Darnall, Chief, Litigation Section, of Washington, D. C., Arthur C. Bernard, of Chicago, Ill., and W. Q. Van Cott and D. Eugene Livingston, both of Salt Lake City, Utah, for appellant.

Raymond E. Dockery and H. Leonard DeKalb, both of Lewistown, Mont., for appellee.

Before WILBUR, DENMAN, and MATHEWS, Circuit Judges.


WILBUR, Circuit Judge.

On December 27, 1933, Simon Douglas borrowed from appellant the sum of $17,000, giving his note for such sum, due December 15, 1934, and as security his chattel mortgage on 5050 head of sheep, twenty-two horses, and certain hay and farm equipment. This obligation was not paid at maturity, and on January 12, 1935, while renewal negotiations were pending, Douglas died. The balance then due was $16,328.48.

Douglas' sole heir having declined...

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