ANDERSON, Circuit Judge.
This matter is here upon an agreed statement of facts, prepared and filed in accordance with equity rule 77, by which it appears that: On January 10, 1919, the Leroy Investment Company, a corporation owning 10 sections of land in Colorado, executed $36,000 of notes and a mortgage or trust deed upon the land to secure their payment. The notes became due January 10, 1924. Before the notes and mortgage were issued the bankrupt guaranteed payment...
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