Commerce Union Bank of Nashville v. Alexander

The insolvent estate of D. A. Templeton, deceased, is being wound up in the court below. The part of it now before us is an appeal by the Administrator de bonis non from a decree of the court allowing the Commerce Union Bank priority on its claim for the value of the proceeds of certain motor vehicles on which the Bank held trust receipts and which had been disposed of and not accounted for by decedent.

I). A. Templeton was an automobile dealer doing business as Templeton Pontiac Company in Fayetteville. The Bank was lending him money to purchase automobiles through the familiar method of…