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IN RE INTERNATIONAL FUEL & IRON CORPORATION

No. 3536.

21 F.2d 598 (1927)

In re INTERNATIONAL FUEL & IRON CORPORATION. DONNER v. UNION TRUST CO.

Circuit Court of Appeals, Third Circuit.

September 10, 1927.

Attorney(s) appearing for the Case

George R. Wallace and Wallace, Patterson & Collin, all of Pittsburgh, Pa., for appellant.

James Walton, of Pittsburgh, Pa. (William Booth, John G. Buchanan, and Gordon, Smith, Buchanan & Scott, all of Pittsburgh, Pa., of counsel), for appellee.

Before BUFFINGTON, WOOLLEY, and DAVIS, Circuit Judges.

DAVIS, Circuit Judge.

This is an appeal from a decre of the District Court permitting the payment of a note and the redemption of collateral by the trustee in bankruptcy.

In order to understand the significance of the various contentions and issues, a longer statement of the facts than usual seems necessary.

The International Fuel & Iron Corporation, on July 20, 1924, borrowed $25,000 from the Pittsburgh Trust Company upon its demand note, which...

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