Re White

On August 14, 1936, Henry L. White, who had theretofore been engaged in business as a licensed retailer, made an assignment of his business for the benefit of his creditors to the defendants as trustees. The assignment was made by an instrument known as a trust deed, which conveyed all of the grantor's property except household furniture and wearing apparel to the trustees, who were authorized to continue the business or to close it out and pay off the creditors. The state of North Dakota filed a claim with the assignees for sales tax due from White to the state of North Dakota upon sales…