Robert A. Watson v. Wesley K. Duce, Trustee in Bankruptcy for Myrtle M. Dawson, Bankrupt

DUNIWAY, Circuit Judge.

Appellant seeks reversal of a decision of the district court which adopted the findings of fact and conclusions of law of a referee in bankruptcy and affirmed the referee’s order.

The order denied appellant’s secured status as the holder of a chattel mortgage on a shifting stock of goods. There is no disagreement on the facts.

Before 1957, appellant owned a small business in Everett, Washington, known as The Book and Record Shop. In Febu-ary, 1957, appellant sold the business to Kenneth and Myrtle Dawson, who at the time were husband and wife and composed a marital…