UNITED STATES v. UNITED STATES TIN CORPORATION

No. A-4113.

148 F.Supp. 922 (1957)

UNITED STATES of America, Plaintiff, v. UNITED STATES TIN CORPORATION, Defendant.

District Court, Alaska, Second Division, Nome.

January 26, 1957.


Attorney(s) appearing for the Case

Russell R. Hermann, U. S. Atty., Nome, Alaska, for plaintiff.

W. L. Gibbon, Seattle, Wash., James A. von der Heydt, Nome, Alaska, for defendant.


HODGE, District Judge.

Plaintiff brings this action to foreclose real and chattel mortgages executed by the defendant corporation as security for payment of 56 promissory notes aggregating $2,841,258, alleging default in the payment thereof in the sum of $2,760,024.07, plus interest thereon. Defendant by its answer admits the execution of the notes and mortgages, admits partial payment only of principal and interest, but denies any balance due and owing by it, and...

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