Kearney v. National Brass & Copper Co.

OPINION

By WOODS,

Referee in Bankruptcy.

Graham Kearney, trustee of Wright Industries, Inc., bankrupt, filed his petition to sell personal property of bankrupt and marshal liens, and thereupon an order to show cause was issued upon lien claimants to appear and set up whatever claims they had.

National Brass & Copper Co., Inc. answered by filing its “first response,” admitting all the allegations of fact in trustee’s petition, which alleged a loan of $50,000 to bankrupt in December of 1946, secured by chattel mortgage. Further an*579swering in its “second response” said respondent asks affirmative…