v0852-367
No. 2353
IN THE
United States Circuit Court of Appeals
For the Ninth Circuit
Charles C. Moore, F. W. Bradley, Maurice
Schweitzer, R. D. Robbins and Walter
- Martin,
Intervenors and Appellants,
vs.
- Donahoo, et al.,
Appellees.
BRIEF FOR APPELLANTS.
"The question involved in this case is that of discover=
ing upon what principles and under what limitations an
unsecured creditor of an insolvent railroad in the hands
of a court of equity may displace a previously vested
mortgage lien, given to secure bonds and covering all
property and all income in speciiic terms." (Master's
Report, p. 14.)
Statement of the Case.
On December 6, 1909, Ocean Shore Railway Company,
a California corporation, owned and was operating a
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