In Re Kaufman

BROOKS, District Judge.

On May 17, 1954, the Tiller Piano Company sold a piano to the bankrupt under a conditional sales contract. The conditional sales contract was not recorded until five days prior to the adjudication of the bankrupt on August 20, 1955. The trustee objected to the allowance of the claim as a secured claim, and on being sustained by the referee, the question was certified for review.

The creditor takes the position that an equitable lien was created when the conditional sales contract was executed and the date of recording or the fact that it was recorded is without…