United States v. Butt

The United States, through the Commodity Credit Corporation, was the owner and holder of a promissory note secured by a mortgage on a quantity of wheat in the District of Utah. It brought,this action against the defendant Butt, alleging that he had converted to his own use, and sold, a portion of the mortgaged wheat which resulted in a loss to the United States. There was attached to the- complaint a copy of the note and mortgage, together with an assignment from the mortgagor which conveyed to the United States all the right, title and interest in the wheat converted by Butt, and any claim…