Ben Zuke, Trustee in Bankruptcy of Imogene Jackson, Bankrupt v. Mercantile Trust Company National Association

MEHAFFY, Circuit Judge.

The sole question presented by this appeal is the correctness of the District Court’s decision that a lienholder validly perfected a lien on a motor vehicle under Missouri statutes by paying the required fee and delivering to the Missouri Director of Revenue an executed lien perfection copy of a Missouri multipurpose form No. MMV-1 entitled “Application for Missouri Title and/or License” as furnished and required by the Missouri Director of Revenue.

The legal question is one of first impression and obviously of far-reaching effect. The facts are stipulated. Appellant is…