United States v. Kelly

GRAVEN, District Judge.

Case involving right to maintain action against the United States for payments under the Soil Conservation and Domestic Allotment Act, 16 U.S.C.A. §§ 590a to 590q. On October 10, 1940, the Commodity Credit Corporation, a corporate agency of the United States, made three so-called corn loans to the defendant. The notes evidencing the loans were secured by chattel mortgages upon specified sealed cribs of corn. Under the terms of the loans, the defendant, at their maturity, had the option to either pay them in money, or to deliver to the Commodity Credit Corporation in…