Dr. Arthus S. Jones, Successor to the United States of America v. Village of Proctorville, Ohio, a Municipal Corporation of Lawrence County, Ohio

This case involves the continuing efforts of the Village of Proctorville, Ohio, (defendant-appellee) to terminate a receivership whereby its waterworks and sewer system are being operated by a receiver appointed by the United States District Court for the Southern District of Ohio. The present receiver, Fannie M. Jones, wife of the plaintiff-appellant, was appointed during the course of proceedings to foreclose a mortgage which secured revenue bonds issued by Proctorville to finance the construction of such municipal facility. These bonds were originally owned by the Reconstruction Finance…