Walker v. L. Maxcy, Inc.

HOLMES, Circuit Judge.

This appeal is from a decree of the district court, reversing an order of the reféree in bankruptcy entered on the petition of the trustee for a marshalling of liens and a sale of property free of encumbrances. Appellee and Florida National Bank, one of the appellants, were cited as lienors, and both appeared claiming first liens. The referee found that appellee was entitled to a lien to secure payment of $24,317.19, but was not entitled to a lien to secure the, balance of $36,642.75, and that appellant, Florida National Bank, was entitled to a subordinate lien to secure…