Siebert v. Hall

GARDNER, Circuit Judge.

This is a suit brought by Sydnor Hall and W. E. Brownback, as trustees, against the People’s Public Service Company and the Consumers’ Utility Company, both corporations, to foreclose a deed of trust executed by the Consumers’ Utility Company to them as trustees for the Southeast Company, a corporation, securing the payment of a note for $75,000, executed by the Consumers’ Utility Company and the People’s Public Service Company. The note bears date July 1, 1930, while the trust deed is dated July 28, 1930. The People’s Public Service Company is a holding company, owning…