Trailmobile, Inc. v. Walter G. Wiseman, Trustee

This is an appeal from a judgment of the district court affirming a referee’s ruling that appellant’s lien on certain tank trucks was invalid as against the trustee in bankruptcy.

The court correctly held that the referee had summary jurisdiction by virtue of the actual possession of the tank trucks by the bankruptcy receiver at the time of the proceedings. Thompson v. Magnolia Petroleum Co., 1940, 309 U.S. 478, 481, 60 S.Ct. 628, 84 L.Ed. 876; In re Prokop, 7 Cir., 1933, 65 F.2d 628.

The court was also correct in concluding that under Michigan law appellant’s security interest was not a…