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BILLINGS UTILITY CO. v. FEDERAL RESERVE BANK

No. 667.

46 F.Supp. 691 (1942)

BILLINGS UTILITY CO. v. FEDERAL RESERVE BANK OF MINNEAPOLIS et al.

District Court, D. Minnesota, Fourth Division.

July 24, 1942.

Attorney(s) appearing for the Case

A. E. Bryngelson, of Minneapolis, Minn. (Lloyd W. Swords, of Billings, Mont., of counsel), for plaintiff.

Sigurd Ueland, of Minneapolis, Minn. (Thomas H. Hodgson, of Minneapolis, Minn., of counsel), for defendants.

NORDBYE, District Judge.

The facts are briefly these: Plaintiff seeks to recover some $500,000, with $10,000 attorneys' fees, from the defendant Federal Reserve Bank of Minneapolis on a claim for damages. It is alleged by the plaintiff that it conducted a central heating plant for the production and distribution of heat in the City of Billings, Montana; that in 1936 it required some $35,000 additional working capital for expansion and enlargement of its plant; that...

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