In re Chambers
District Court, N.D. Iowa
In Bankruptcy. In the matter of Milton O. Chambers, bankrupt. Petition of the Commercial Trust & Savings Bank of Charles City for review of an order of the referee denying its claim to priority under a chattel mortgage, and allowing a judgment of Mrs. Margaret E. Glad-win as a lien prior and superior thereto.
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In Bankruptcy. In the matter of Milton O. Chambers, bankrupt. Petition of the Commercial Trust & Savings Bank of Charles City for review of an order of the referee denying its claim to priority under a chattel mortgage, and allowing a judgment of Mrs. Margaret E. Glad-win as a lien prior and superior thereto. Submitted on petition of the Commercial Trust & Savings Bank of Charles City (called the petitioner) for review of an order of the referee denying its claim to priority under a chattel mortgage upon certain property of the bankrupt, made and recorded in the proper county more than four…
1Opinion of the Court
REED, District Judge.
The adjudication in bankruptcy was upon the voluntary petition of the bankrupt, prepared and signed January 12, 1917, filed and adjudicated January 16, 1917; the schedules of his assets and liabilities showing that he was then insolvent.
February 2, 1917, the petitioner filed its claim against the bankrupt estate, based upon a promissory note of the bankrupt dated March 15, 1915, for $1,661, due in two years, with interest, for money loaned to the bankrupt, secured by a chattel mortgage of the same date upon certain horses, cattle, and other live stock, which property, it…
2Cases cited9 opinions
- Chicago, Burlington & Quincy Railroad v. HallSupreme Court of the United States · 1913
- Clarke v. LarremoreSupreme Court of the United States · 1903
- In re RichardsCourt of Appeals for the Seventh Circuit · 1899
- Stone-Ordean-Wells Co. v. MarkCourt of Appeals for the Eighth Circuit · 1915
- Cook v. RobinsonCourt of Appeals for the Ninth Circuit · 1912
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