Samuel G. Braun, Inc. v. McKinney

FRANK, Circuit Judge.

On the facts, Colonial Acceptance Corp. v. Messick, 120 Conn. 585, 182 A. 133, compels reversal,1 for we must follow the decision of the highest court of Connecticut, construing a statute of that state, as to the validity of conditional sales. In that case, it was held that the reasonable time for recording runs not from the delivery of the goods but from the making of the recorded contract “unless perhaps where the rights of third persons have intervened.” Here there were no such intervening rights, for all the claims filed in the bankruptcy proceedings were incurred…