Colorado Wool Marketing Ass'n v. Monaghan

McDERMOTT, Circuit Judge.

Appellant loaned $3,190.00 to a receiver of a band of sheep, which was all expended in feeding and earing for them pending the litigation. The trial court disallowed $1,754.57 entirely, and postponed $1,435.43 to the mortgage lien of the appellee, The Wasatch Livestock Loan Company, which will hereafter be referred to as appellee. Since the sheep sold for less than the mortgage, appellant was denied any real relief. A statement of the facts and a consideration of one or two well settled principles of law will disclose that appellant’s position is impregnable.

The…