Verbest v. Michael Yundt Co.

BELL, District Judge (dissenting).

The opinion in this case holds that a conditional sale contract, even though not acknowledged and recorded at the time of the bankruptcy of the vendee as required by the statutes of the state, is good as *482against the trustee in bankruptcy in possession of the property covered by the contract. I cannot subscribe to that principle.

The Court says: “The validity and construction of. the conditional sale contract here involved, as affecting the right of the trustee in bankruptcy, must be determined under the law of the State of Iowa.” Three decisions of the Supreme…