Garnett v. Almours Securities, Inc.

FOSTER, Circuit Judge.

This suit was filed by M. E. Murray, receiver of the First National Bank of Panama. City, herein referred to as the bank, against Almours Securities, Inc., herein referred to as defendant, to recover the value of certain bonds delivered by the bank to defendant before the receivership. Murray was succeeded as receiver by Roy E. Gar-nett, appellant, herein referred to as plaintiff, who was substituted as a party. Defendant filed pleas to the complaint. Demurrers to the pleas were overruled, and plaintiff then filed replications to the pleas, to which demurrers were…