In re Frost

DENISON, Circuit Judge.

This case,

coming from Kentucky, presents again the-question as to the rule in that state concerning the respective rights of a trustee in bankruptcy and the holder of a chattel mortgage or its equivalent given by the bankrupt some time before, but not recorded until after, the bankruptcy. In the construction of this recording statute it became the established law in Kentucky that such an unrecorded mortgage was invalid as against those who became creditors after the mortgage was given, but might be valid as against then existing creditors. This Kentucky rule was…