United States v. Cochrane

HOLMES, Circuit Judge.

This controversy is over a fund in the registry of the court. The money was derived from the sale of railway properties pursuant to a decree in foreclosure proceedings. It was deposited in 1918 for the benefit of certain mortgage bondholders, and since that time has remained in the registry unclaimed by the parties entitled to it.

*4In 1935 the appellee filed a petition in the District Court alleging that seventeen years had elapsed and a large number of the bonds and coupons had not been presented to the clerk for payment; that the last time any were presented was in 1927;…