Murphy Hotels Corp. v. Central Nat. Bank Savings & Trust Co.

DONAHUE, Circuit Judge.

This a controversy arising out of a bankruptcy proceeding. On the 12th day of May, 1925, E. M. Helm was adjudged a bankrupt and the proceedings referred to a referee. Joseph A. Klein was appointed trustee, and filed a petition to sell the assets, making the Murphy Hotels Corporation and the Central National Bank Savings & Trust Company defendants. Each of these defendents claimed priority under separate chattel mortgages executed and delivered to them by the bankrupt more than four months prior to the commencement of the bankruptcy proceedings.

There is no controversy as…