A. C. Daugherty, Trustee, and American Surety Company of New York v. Ira E. White

LEWIS, Circuit Judge.

This is an action in which appellants presented to the District Court for the District of Colorado their potential liability under two surety bonds issued under 7 U.S.C. § 204, 57 Stat. 422, presently a provision of the Packers and Stockyards Act. One bond named Trinidad Livestock Commission Company as principal in that company’s capacity as a Registered Market Agency; the other bond named Trinidad as principal in its capacity as a Registered Dealer. The action sought declaratory relief, 28 U.S.C. § 2201, became laced with aspects of interpleader, and named as defendants…