In Re United Fuel & Supply Co.

On the 8th day of March, 1928, the United Fuel Supply Company, herein called the fuel company, was indebted to the Peoples Wayne County Bank in the sum of $921,500. On that date the fuel company, in consideration of the bank extending further credit to the extent of $200,000, gave the bank a mortgage for $400,000 on certain vessels owned by the fuel company, and also to secure payment of its present and future indebtedness to the bank gave to it an assignment of "all its book accounts and notes receivable together with all future. book accounts and notes receivable that may be or hereafter…