Chambers v. Cameron

WOODWARD, District Judge.

The pleadings, although confusing because of improper designation, in substance follow the order required by the new “Rules of Civil Procedure.” So far as here pertinent plaintiffs are trustees under a trust agreement and declaration of trust executed by James H. Jacobson, defendant, and his wife, to secure an indebtedness by one of defendant’s companies, since paid, and a $30,000 loan from Southern Malleable Iron Company evidenced by one promissory installment note. To secure payment, defendant transferred to plaintiffs as trustees certain real and personal property…