Wright v. Union Central Life Ins.

EVANS, Circuit Judge.

This appeal, in a farmer-debtor proceeding, involves the construction of the Supreme Court opinion and mandate, announced in a former appeal in this same bankruptcy proceeding. Wright v. Union Central Insurance Co., 311 U.S. 273, 61 S. Ct. 196, 85 L.Ed. 184, modifying 7 Cir., 108 F.2d 361.

The instant appeal deals with bankrupt’s asserted legal right to redeem his farm, within a reasonable time, at an earlier appraised price of $6,000, notwithstanding a later appraisal of $10,832 has been made.

The debtor contends that the $6,000 determination is res adjudicata,* and he has…