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IN RE HICKS-FULLER CO.

No. 6851.

9 F.2d 492 (1925)

In re HICKS-FULLER CO. BOLTON et al. v. BRITTON.

Circuit Court of Appeals, Eighth Circuit.

November 11, 1925.

Attorney(s) appearing for the Case

Peter Balkema, of Sioux City, Iowa, for appellants.

George Jepson, of Sioux City, Iowa (B. W. Rosenstone, of Chicago, Ill., and William Milchrist, of Sioux City, Iowa, on the brief), for appellee.

Before STONE and VAN VALKENBURGH, Circuit Judges, and PHILLIPS, District Judge.

STONE, Circuit Judge.

This is an appeal by claimants against a bankrupt estate. The trial court affirmed a finding of the referee to the effect that claimants were creditors whose right to payment was junior to that of general creditors. Appellants object to this inferior position of payment accorded them and claim the status of general creditors.

These claims are based upon instruments which are in form as follows:

"Incorporated under the Laws of...

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