Reconstruction Finance Corp. v. Sun Lumber Co.

PARKER, Circuit Judge.

This is an appeal in a controversy arising in the bankruptcy proceedings of the Eakin Lumber Company with respect to priorities of liens attaching to lumber stored on the yard of the lumber company at Sanderson, West Virginia, and sold by the trustee in bankruptcy for the sum of $27,915.36. The lien claimants are the Sun Lumber Company, which asserts a vendor’s lien for unpaid purchase money amounting to $21,047.37 and a lien under a deed of trust to secure a loan of $50,-000, the Reconstruction Finance Corporation, which asserts a lien as pledgee of the lumber, and a…