Legal Opinion

In re Hunt

District Court, M.D. Pennsylvania

Decided March 1, 1937No. 9120PublishedCited by 1 opinion

1Opinion of the Court

JOHNSON, District Judge.

This is a petition to review an order of the referee in bankruptcy holding invalid two chattel mortgages given by the bankrupts and holding a mortgage claim to be an unsecured debt.

On May 25, 1934, the Coudersport Production Credit Association loaned $900 to the bankrupts and the latter executed to the former a chattel mortgage in the same amount secured by all the bankrupts’ livestock and farm equipment. This chattel mortgage was duly recorded on June 6 1934. After paying $200 upon the mortgage, the bankrupts desired to make an additional loan of $150 and by agreement…

2Cases cited4 opinions

  1. Sawyer v. TurpinSupreme Court of the United States · 1875
  2. In re CuttingDistrict Court, W.D. New York · 1906
  3. In re EndlarCourt of Appeals for the First Circuit · 1911
  4. In re SchwabDistrict Court, E.D. New York · 1919

3Cited by1 opinion

  1. In Re Pusey-Maynes-Breish Co.District Court, E.D. Pennsylvania · 1941

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