Blair Holdings Corporation v. Bay City Bank And Trust Company

234 F.2d 513 BLAIR HOLDINGS CORPORATION, a corporation; Blair-Rollins & Co., Incorporated, a corporation, and Blair & Co., Inc., of New York, a corporation, Appellants, v. BAY CITY BANK AND TRUST COMPANY, a corporation, Appellee. No. 14552. United States Court of Appeals Ninth Circuit. June 11, 1956. Rehearing Denied Aug. 3, 1956. 1 Marshall E. Leahy, John F. O'Dea, San Francisco, Cal., for appellants. 2 Phillip Barnett, Rodney H. Robertson, Barnett & Robertson, San Francisco, Cal., for appellee. 3 Before ORR and FEE, Circuit Judges, and JAMES M. CARTER, District Judge. 4 JAMES M. CARTER, District Judge. 5 This is an interpleader action, in which after the discharge of the plaintiff, Dean Witter et al., the issue concerns the ownership of 1600 shares of Blair Holdings Corporation stock deposited in court. 6 The District court below had jurisdiction under the provisions of Sec. 1335 and Sec. 2361, Title 28 U.S.C.A. The plaintiffs, partners in Dean Witter & Co., were citizens of the state of California. The defendant, Blair Holdings Co., was incorporated under the laws of New York; defendant Blair-Rollins & Co., Inc., was incorporated under the laws of Delaware;…