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WELLS FARGO BANK & UNION T. CO. v. IMPERIAL IRR. DIST.

No. 9988.

136 F.2d 539 (1943)

WELLS FARGO BANK & UNION TRUST CO. v. IMPERIAL IRR. DIST. et al.

Circuit Court of Appeals, Ninth Circuit.

Rehearing Denied June 7, 1943.

Attorney(s) appearing for the Case

Clark, Nichols & Morton and George Clark, all of Berkeley, Cal., Call, Murphey & Davis and Robert B. Murphey, all of Los Angeles, Cal., and W. Coburn Cook, of Turlock, Cal., for appellants.

Harry W. Horton, of El Centro, Cal. (George R. Kirk, of El Centro, Cal., of counsel), for appellee Imperial Irr. Dist.

George Herrington, of San Francisco, Cal. (Orrick, Dahlquist, Neff & Herrington, of San Francisco, Cal., of counsel), for appellee Imperial Irr. Dist. Bondholders.

Before WILBUR, DENMAN, and HEALY, Circuit Judges.

WILBUR, Circuit Judge.

This is an appeal by certain bondholders from a decree of the District Court approving a plan for composition of indebtedness of the appellee District under Chapter 9 of the Bankruptcy Act, 11 U.S.C.A. §§ 401-404.

Appellee is a local taxing agency organized in 1911 under the California Irrigation District Act of 1897, Stats.1897, p. 254, as amended, Deering's Gen.Laws, Act 3854. As authorized by that act it issued four issues...

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