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IN RE SAN FRANCISCO BAY EXPOSITION

No. 32086.

50 F.Supp. 344 (1943)

In re SAN FRANCISCO BAY EXPOSITION.

District Court, N. D. California, S. D.

May 31, 1943.

Attorney(s) appearing for the Case

Grant H. Wren, Gordon Johnson, and August B. Rothschild, all of San Francisco, Cal., for disbursing agent of debtor.

Robert W. Kenny, Atty. Gen., I. M. Peckham, Deputy Atty. Gen. and Lenore D. Underwood, Deputy Atty. Gen., for Building and Loan Commissioner, respondent.

GOODMAN, District Judge.

On December 14, 1938, Pacific States Savings and Loan Company, a corporation organized under the Building and Loan Association Act of the State of California (Statutes 1931, page 483, Act 986, General Laws, amended 1933, 1935) then owning and operating in San Francisco, the Clift Hotel agreed in writing to pay the debtor the sum of $11,655 in nine equal installments commencing March 1, 1939. The quid pro quo for the subscription consisted...

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