The latest purpose are that features which costs is actually here allowed are primarily towards the advantage of said Los angeles Bank and its particular organization member-investors since the notable regarding the Enough time Seashore Connection or other events once the independent agencies or activities

The transaction which is the topic of immediate interest led the fresh fee off “meantime attorneys’ fees” to appellees out-of specific loans that has been impounded on registry of your straight down legal because of the an order made through the legal proceeding in the primary situation. Hence of the various litigants if that’s the case possessed this type of fund, and/or had straight to fingers of the whole otherwise any area thereof, are a debate confronting the lower judge, and the impounding buy here involved place these loans and you may possessions regarding the registry of the courtroom pending latest adjudication of one’s deserves of the various says.

The order on the interest originated in the way in which we have now mean. It had been inserted toward Summer 19, 1950 in the main situation and you will is actually granted pursuant in order to moves submitted in this case from inside the January 1949 and you can March 1950 because of the this new co-plaintiffs regarding the thus-named “Los angeles Action.” Appellees was basically and generally are guidance into the former Government Mortgage Bank from La and one of their half a dozen connection co-plaintiffs (Wilmington) as well as the activity try according to the basis this previous financial had no fund that to spend the attorneys getting services therefore “since the all of the assets can be found in the fresh new hands out-of Federal Financial Lender away from Portland, sometimes known and called a national Financial Bank from San francisco,” 1 and therefore this new relevant plaintiffs (plaintiffs throughout the thus-entitled “La step”) “provides an excellent demand for the assets regarding La Bank today in possession away from told you offender Federal Mortgage Lender out-of Portland sufficient to entitle them, and each of those, into percentage away from said property of your own fees away from the attorneys.” (Emphasis given.)

It would be indexed the foregoing motion out of La identifies “possessions away from La Bank today into the arms away from said defendant Government Mortgage Bank from Portland

Your order directed the latest clerk of the lower court to invest out-of and you can regarding such impounded fund the sum of the $67,five-hundred so you’re able to appellees who had great site been guidance getting La, to own functions theretofore made from the therefore-entitled “La action”; and also to pay the amount of $eight,five-hundred so you’re able to the recommendations having Wilmington Relationship (an effective co-plaintiff in the said action) to have features theretofore rendered regarding “consolidated actions.” dos The brand new judge discussed this new allotment as the “a meantime allotment for the account simply” and the certified purchase provided that the new fee be produced “regarding financing and you will moneys heretofore deposited and today to the deposit on Registry of one’s Judge regarding more than entitled consolidated actions” and therefore “the fresh quantity bought hereby repaid generally throughout the fund about Registry of your Courtroom are not of the terms of which Acquisition, enforced, allocated otherwise reviewed through to otherwise against people certain party or events, loans otherwise fund, given, but not, that it is hereby computed and you may purchased that the wide variety, or any region thereof, here acceptance and you can ordered paid back off said financing should never be designated facing otherwise implemented on financing or possessions belonging to or of the Much time Coastline Federal Deals and you may Mortgage Relationship, (Association) otherwise any of the investors, players otherwise stockholders, often actually, otherwise as a connection, but therefore organization will be necessary to bear due to the fact a member-shareholder just out-of a federal Mortgage Financial. “

” Because the conveyed above, “Portland you may” and you may “La” financial institutions were merged towards Government Mortgage Financial away from San Francisco.