Bancroft v. Gables Racing Asso Inc.

The appeal in this case is from a final decree ordering the disbursement of a fund which was the subject of a suit in interpleader.

In September, 1931, Gables Racing Association, Inc., engaged Langford Holding Company, a corporation which appeared to also transact business in the name of George W. Langford Company, a corporation, as its general contractor to construct a racing plant on certain lands in Dade County on a cost plus 10% basis. All sub-contracts were to be entered into by Langford Holding Company but were first to be submitted to Gables Racing Association Inc., for its approval.…