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MISSISSIPPI VALLEY TRUST CO. v. OKLAHOMA RY. CO.

No. 3272.

156 F.2d 283 (1946)

MISSISSIPPI VALLEY TRUST CO. v. OKLAHOMA RY. CO. et al.

Circuit Court of Appeals, Tenth Circuit.

July 6, 1946.

Attorney(s) appearing for the Case

Roy C. Lytle, of Oklahoma City, Okl. (D. I. Johnston, of Oklahoma City, Okl., S. Mayner Wallace, of St. Louis Mo., and Keaton, Wells & Johnston of Oklahoma City, Okl., on the brief), for appellant.

D. A. Richardson, of Oklahoma City, Okl. (K. W. Shartel and Richardson, Shartel, Cochran & Pruet, all of Oklahoma City, Okl., on the brief), for appellees.

Before PHILLIPS, BRATTON, and MURRAH, Circuit Judges.

PHILLIPS, Circuit Judge.

On January 3, 1911, the Oklahoma Railway Company,1 an Oklahoma Corporation, executed a trust indenture running to the Mississippi Valley Trust Company, as trustee,2 to secure $12,000,000 of First Refunding Mortgage 5 per cent Gold Bonds, of which $5,280,000 were issued. On September 25, 1939, and all material times thereafter, $2,447,000 of such bonds were outstanding in the hands of...

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