In re Nichols

HAMILTON, District Judge.

On November 1, 1937, in these proceedings, Oscar T. Nichols was adjudged a bankrupt, and listed the Goodrich Tire & Rubber Company as a creditor to whom he owed $40. This indebtedness was incurred for automobile tires purchased from the creditor under an unrecorded conditional sales contract. The bankrupt also listed as a creditor the Guaranty Finance Company, to which he was indebted in the sum of $465, secured by a recorded mortgage on an automobile and its tires, which he had acquired from the Goodrich Company.

On January 6, 1938, the referee, on the petition of the…