Blue Ridge Lumber Products, Inc. v. Nelson. In Re Abbott Lumber Co., Inc

The issues are whether the court had summary jurisdiction to determine whether the appellant had a valid lien on certain property of the bankrupt and, if so, whether its holding that the claimed lien was invalid was erroneous.

The pertinent findings of the referee, which were approved by the court on adequate supporting evidence, are that on April 24, 1952, the Abbott Lumber Co., Inc., a New York corporation, transferred all its assets to the appellee under a common-law trust agreement. Among them were lumber, office furniture, fixtures and the like in Marion, Virginia. On July 7,1952, the…