Blackard v. City National Bank

McCARREY, District Judge.

This matter comes before the Court on motions by both parties for summary judgment under rule 56 of the Fed.R.Civ.P., 28 U.S.C.A.

After the motions for summary judgment were filed, a stipulation of facts was entered into, the material averments of which are succinctly stated as follows:

One Ralph Capehart, an individual doing business under the firm name and style of Anchorage Freight Lines, on October 1,1953, executed a chattel mortgage upon three trucks to which he held title, to the defendant, City National Bank, as mortgagee. Pursuant to the provisions of the Alaska…