United States v. Phillips

RUSSELL, Circuit Judge.

In the trial Court, the United States of America and the University State Bank each sought by a claim in the bankruptcy Court to recover the proceeds of an indebtedness of Harris County to N. E. Cumings, a bankrupt. The material facts are not in dispute and are fairly 'Stated in the Government’s brief, as follows: “The tax delinquent, N. E. Cumings, executed a notice on October 15, 1947, that he intended to assign to the University 'State Bank, Houston, Texas, hereinafter called the Bank, one or more accounts receivable, the notice to be effective for a period of three…