Panama Canal Company v. Spencer M. Anderson, and Arthur Morgan

312 F.2d 98

PANAMA CANAL COMPANY, Appellant,

v.

Spencer M. ANDERSON et al., and Arthur Morgan et al., Appellees.

No. 19116.

United States Court of Appeals Fifth Circuit.

Jan. 9, 1963, Rehearing Denied Feb. 11, 1963.

Theodore P. Daly, Dwight A. McKabney, David J. Markun, Gen. Counsel, Panama Canal Co., Balboa Heights, Canal Zone, for appellant.

William S. Tyson, Washington, D.C., Charles E. Ramirez, Balboa, Canal Zone, for appellees.

Before TUTTLE, Chief Judge, and RIVES and JONES, Circuit Judges.

JONES, Circuit Judge.

1

The Panama Railroad Company was incorporated in New York in 1849. From 1905 until…