In the Matter of Wing Sing Chew, Alleged Bankrupt, and Rose Wong Chew, Alleged Bankrupt. Howard B. Crittenden, Jr. v. Kal W. Lines, Receiver-Appellee

OPINION

FERGUSON, District Judge:

This is an appeal from an order of the district court affirming on review the orders of a bankruptcy referee. We affirm.

The essential facts are:

1. On October 13, 1971, Mr. and Mrs. Chew executed a deed of trust and assignment of rents.

2. Under the deed, twenty-four (24) parcels of income producing real property in San Francisco, together with their *20contents, were transferred to Mr. Crit-tenden, their attorney, as trustee.

3. The deed provided that the purpose of the trust was to secure and pay the secured and unsecured creditors of the Chews in the order and…