Royal Exchange Assur. v. McGrath

GODDARD, District Judge.

Plaintiff, a British corporation, brought suit against the Attorney General of the United States, the successor to the Alien Property Custodian, under Section 9 of the Trading with the Enemy Act, SO U. S.C.A.Appendix, § 9, to recover certain funds which have been seized by defendant on the ground that they are assets belonging to an enemy. Plaintiff claims that under certain deeds of trust executed by the German Potash Syndicate in connection with a loan, it had become the owner of the property in question. Defendant denies plaintiff’s title and sets forth certain…