Thomas J. Fitzgerald, Trustee v. The Central Bank and Trust Company

BRATTON, Chief Judge.

This appeal brings here for review an order of the district court affirming an order of the referee in bankruptcy allowing a preferred claim in a proceeding in bankruptcy. Platte Valley Elevators Company, a corporation, hereinafter referred to as the bankrupt, filed a voluntary petition in bankruptcy and was seasonably adjudicated a bankrupt. Central Bank and Trust Company, hereinafter referred to as the bank, filed its secured claim, based upon a promissory note in the sum of $100,000, secured by a duly filed and recorded chattel mortgage upon the equipment and building…