Greene v. Reconstruction Finance Corporation

BINGHAM, Circuit Judge.

This is an appeal from a decree of the federal District Court for Massachusetts of August 9, 1938. in an equity suit brought April 22, 1938, by Russell D. Greene, trustee in bankruptcy of the Concrete Materials Company, against the Reconstruction Finance Corporation to enjoin the foreclosure of two mortgages held by the latter corporation and to declare the same null and void as not having been properly authorized by the stockholders of the Concrete Materials Company.

It appears that on July 15, 1935, the Concrete Materials Co., a Delaware corporation, executed a…