SECURITY-FIRST NAT. BANK v. REPUBLIC PICTURES CORP.

No. 12260.

97 F.Supp. 360 (1951)

SECURITY-FIRST NAT. BANK OF LOS ANGELES v. REPUBLIC PICTURES CORP.

United States District Court S. D. California, Central Division.

April 26, 1951.


Attorney(s) appearing for the Case

Louis E. Swarts, Beverly Hills, Cal., Joseph S. Dubin, University City, Cal., Wild, Carlson & Reeve and David S. Davis, all of Fresno, Cal., for plaintiff.

Loeb & Loeb and Saul N. Rittenberg, all of Los Angeles, Cal., for defendant.

Hugo A. Steinmeyer, Robert H. Fabian and Robert Van Buskirk, all of Los Angeles, Cal., for Bank of America Nat. Trust & Savings Ass'n, amici curiæ.


YANKWICH, District Judge.

Plaintiff, a national banking association authorized to do business in California, was the mortgagee under a chattel mortgage, dated October 2, 1944, executed by Pre-Em Pictures, Inc., a California corporation, to secure the repayment of a loan of $35,000.00 and advances made to Pre-Em to plaintiff.

The mortgage covered, among other items of personal property, all copyrights on the story, treatment, script, continuity and manuscript...

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