v1449-959

No. 4624

IN THE

United States Circuit Court of Appeals

For the Ninth Circuit / %

UNITED STATES FIDELITY &

GUARANTY COMPANY,

Appellant,

vs.

HENRY WATERHOUSE TRUST

COMPANY, LIMITED, Receiver

of the Security Trust Company,

Limited,

Appellee.

UPON APPEAL FROM THE SUPREME

COURT OF THE TERRITORY

OF HAWAII

BRIEF FOR APPELLEE

HARRY IRWIN,

Attorney for Appellee. ^^

F i L E D

Hilo Tribune-Herald Print. NOV ^ yiL^

1. 1. MONCKTOf

CLE

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