Michael Yundt Co. v. National Bank

ARANT, Circuit Judge.

This appeal arises out of a reclamation controversy in connection with a proceeding under § 77B of the National Bankruptcy Act. 11 U.S.C.A. § 207. The debtor’s predecessor, to secure a bond issue of $100,000, had executed to the National Bank of Detroit a trust mortgage coyer-' ing all its real and personal property then owned and thereafter to be acquired. The indenture trustee and the trustee of the debtor’s assets under the reorganization proceeding are appellees herein, though the latter filed no pleadings either here or in the court below.

Appellant, the Michael Yundt…