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FEDERAL PUBLIC HOUSING AUTHORITY v. MOBILE HOUSING BOARD

No. 11810.

164 F.2d 146 (1947)

FEDERAL PUBLIC HOUSING AUTHORITY et al. v. MOBILE HOUSING BOARD et al.

Circuit Court of Appeals, Fifth Circuit.

November 7, 1947.

Attorney(s) appearing for the Case

Joseph Burstein, Atty., Public Housing Adm., of Washington, D. C., and Percy C. Fountain, Asst. U. S. Atty., of Mobile, Ala., for appellants.

Alexander Foreman, Jr., of Mobile, Ala., for appellees.

Before McCORD, WALLER, and LEE, Circuit Judges.

WALLER, Circuit Judge.

By the complaint and bill of particulars it was shown that appellant, Federal Public Housing Authority [hereinafter sometimes referred to as "Federal"], had made a loan to the Mobile Housing Board [hereinafter sometimes referred to as "Mobile"], of in excess of $1,500,000 to aid in construction of low-rent housing projects and as security for said loan had taken the bonds issued by the Board of Directors of the Mobile unit. In the contract Federal...

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