Dr. Arthur S. Jones, Successor to the United States of America v. Village of Proctorville, Ohio, a Municipal Corporation of Lawrence County, Ohio
Court of Appeals for the Sixth Circuit
1Per curiam
The Reconstruction Finance Corporation filed this action to recover on revenue bonds held by it and issued by the defendant-appellant, Village of Proctor-ville, Ohio, in the financing of a municipal water works and sewer system. On its application the District Court appointed a Receiver on July 10, 1941. The receivership has continued in effect continuously since then.
On or about August 1958 Dr. Arthur S. Jones purchased the bonds from the Reconstruction Finance Corporation and was substituted as successor in interest to the plaintiff. On December 19, 1958, Mrs. Fanny M. Jones, wife of Dr.…
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