Bryant's Trustee in Bankruptcy v. Stephens

Opinion op the Court by

Hobson, Commissioner

Reversing.

L. E. Bryant, a resident of Tennessee, filed liis voluntary petition in bankruptcy at Knoxville, Tenn., and was adjudged a bankrupt on December 5, 1932. Appellant, H. M. Barnett, was duly appointed and qualified as trustee in bankruptcy-of L. E. Bryant’s estate. On July 23, 1932, L. E. Bryant had executed a mortgage to the appellee E. L.' Stephens and Nellie C. Steely on a large acreage owned by him .in Kentucky, to secure the payment of ten past-due notes for $9,086. The mortgage was recorded in Whitley, county on July 25, 1932, and was…