Efaich Co. v. Wick

KERNER, Circuit Judge.

The petitioner, Efaich Company, purchaser of a real estate mortgage executed by the bankrupt, Theo. A. Kochs Company, claimed a lien on the plant machinery and equipment located on the premises or in the alternative asked to have the lien attach to proceeds of a sale consummated by the respondent, the trustee in bankruptcy. The referee in bankruptcy denied the claim, the District Court made an order approving the referee’s findings and decision, and petitioner appeals.

The Theo. A. Kochs Company acquired land, constructed its own buildings thereon, equipped them with…