In re Burnham

HAZEL, District Judge.

This is a review of the decision of Referee Moss, holding invalid claimant’s chattel mortgage as against the trustee in bankruptcy and the general creditors of the bankrupt whose claims have been allowed. Two important propositions relating to the alleged invalidity of the mortgage were considered by the referee— the first being that statements in renewal of the mortgage were not filed within the time required by the local statute of the state, and therefore there was an extinguishment.of the lien; and, second, that the mortgage was inoperative as to after-acquired…