May & Peeler v. Givens

HOLMES, District Judge.

The petitioner sold logs to the bankrupt to bo manufactured into lumber for veneering. At the time the petition in bankruptcy was filed, the lumber remained in the hands of the first purchaser, and the trustee in bankruptcy took possession of it. The petitioner claims a lien for the unpaid purchase money under section 2239 of the Mississippi Code of 1930.

The lien given the vendor of personal property for purchase money, by the terms of the Mississippi statute, continues in force “while it remains in the hands of the first purchaser, or of one deriving title or…