Bank of Commerce & Trust Co. v. Willetts Wood Products Co.

DAWKINS, District Judge.

On November 3, 1928, the Bank of Commerce & Trust Company of Memphis, Tenn., and T. W. Vinton filed in this court, as trustees of a certain bond mortgage upon a large sawmill plant, timber lands, etc., a bill for foreclosure via ordinaria, and for the appointment of a receiver. Both the maker of the mortgage and bonds, Willetts Wood Products Company, a Delaware corporation, and the guarantor of the bonds, J. F. McIntyre & S’ons, Inc., a corporation under the laws of Arkansas, made defendants, appeared and consented to the appointment of a receiver. October 15, 1929, a…