Conditions of your Federal Home loan Bank Operate are not quoted or relied on from the Association so you’re able to sustain this assertion

Conditions of your Federal Home loan Bank Operate are not quoted or relied on from the Association so you’re able to sustain this assertion

Centered on Gugas v. Western Surety Co., 300 U.S. 414, 57 S. Ct. 515, 81 L. Ed. 720, Mallonee-Connection make the apartment dispute you to definitely “because judgment demanding put of such property towards registry of your courtroom happens to be finally possesses already been complied that have, their would be no more issues as to what jurisdiction or fuel of your courtroom more particularly interplead assets.” They state you to “The power of the newest court in the interpleader along the possessions off brand new San francisco and you may Los angeles Banks (thus) turned into latest and res judicata upon expiration of time to have interest regarding the acquisition interpleading this new assets.” (To have text message of the purchase out-of impound and you can mention of the legal proceeding relevant thereto find statements from the end of Region certainly one of this thoughts.)

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