In re Stamps

SIBLEY, District Judge.

The bankrupt was in possession of land on which he had given a security deed to the Penn Mutual Life Insurance Company to secure a debt of $6,000, with interest and 10 per cent, attorney’s fees. A second lien on this land was held by Floyd County Bank for a debt of $10,000. The Floyd County Bank debt was also secured by other lands. On August 22, 1923, an involuntary petition in banknjptcy was filed, and adjudication had on September 10, 1923. A trustee was elected on October 6th, and took possession of the bank*163rupt’s real estate. On December 28, 1923, the insurance…