Brodie Hotel Supply, Inc. v. United States

HAMLEY, Circuit Judge:

Brodie Hotel Supply, Inc. (Brodie), brought' this action against the United States to determine which of the parties had priority, under their respective chattel mortgages, to the proceeds of the sale of certain restaurant equipment. The facts were stipulated and the property was sold and proceeds impounded by agreement. The district court granted summary judgment for Brodie and the United States appeals.

In 1959, Brodie sold the restaurant equipment to Standard Management Company, Inc., for use in a restaurant at Anchorage, Alaska. Standard Management went bankrupt.…