First Nat. Bank v. Blades

HOLMES, Circuit Judge.

This appeal is from a judgment, affirming an order of the referee in bankruptcy, canceling an assignment of a one-fourth interest in an oil and gas lease belonging to appellee’s bankrupt, given to secure a loan to the R. J. R. Drilling Company.

The ownership of the lease by the bankrupt, the execution of the assignment of a one-fourth interest therein by the bankrupt’s agent and attorney in fact, and the loan to the R. J. R. Drilling Company on the security of the assignment, are conceded. Appellee’s petition recited that various parties, including appellant, were…