FOLTA, District Judge.
The libellant seeks to foreclose its mortgage against the vessel "Nan B," given by Leif Leding on August 14, 1946, under the Federal Ship Mortgage Act of June 5, 1920, 41 Stat. 1000, as amended, 46 U.S.C.A. § 911 et seq., to secure the payment of a veteran's loan in the sum of $10,000 granted under Territorial law.
Chris Leding has intervened, asserting that, although his mortgage is subsequent in time, it is, nevertheless, entitled...
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