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CHAPPEL v. FIRST TRUST CO. OF APPLETON, WIS.

No. 161.

30 F.Supp. 763 (1940)

CHAPPEL v. FIRST TRUST CO. OF APPLETON, WIS., et al.

District Court, E. D. Wisconsin.

January 8, 1940.

Attorney(s) appearing for the Case

Frank E. McAllister, of Chicago, Ill., for plaintiff.

Fisher, Cashin & Reinholdt, of Stevens Point, Wis., for First Trust Co. of Appleton.

Miller, Mack & Fairchild, of Milwaukee, Wis., for Wisconsin Public Service Corporation and J. P. Pulliam.

DUFFY, District Judge.

The Tomahawk Pulp and Paper Company issued bonds in the sum of $500,000, secured by a trust deed dated February 1, 1922. Certain real estate, dam sites, and other physical assets were covered by the trust deed. Prior to any default, the bond issue was reduced to $200,000.

After a default, a foreclosure action was started in the Circuit Court of Lincoln County, Wisconsin. This was followed by an involuntary petition in bankruptcy, and...

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