United States v. Martin Fireproofing Corp.

OPINION

By ALLEN, CJ.

This is an appeal from an order of the District Court which confirmed the findings and order of a referee in bankruptcy determining that the appellee had a lien upon the property of Taylorcraft Aviation Corporation, debtor, superior to that of the United States for taxes. The facts are not disputed and as found by the referee are in substance as follows:

November 8, 1946, the debtor filed a petition for reorganization under Chapter 10 of the Bankruptcy Act, 11 U. S. C. A., Section 501 et seq. The petition was approved, and the debtor was adjudicated bankrupt on April 25,…