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MACK INTERNATIONAL MOTOR TRUCK CORP. v. JEFFERSON T. & S. BANK

No. 5179.

25 F.2d 251 (1928)

MACK INTERNATIONAL MOTOR TRUCK CORPORATION v. JEFFERSON TRUST & SAVINGS BANK.

Circuit Court of Appeals, Fifth Circuit.

April 3, 1928.

Attorney(s) appearing for the Case

Arthur A. Moreno, of New Orleans, La. (Lemle, Moreno & Lemle, of New Orleans, La., on the brief), for plaintiff in error and appellant.

A. T. Higgins, of New Orleans, La., and John E. Fleury, of Gretna, La., for defendant in error and appellee.

Before WALKER, BRYAN, and FOSTER, Circuit Judges.

WALKER, Circuit Judge.

In the months of December, 1924, and January, 1925, the appellant received and had recorded two mortgages to itself from the Jefferson St. Charles Transfer Company, herein called the transfer company, each covering a described motorbus which had been sold by appellant to the transfer company, and securing notes of the transfer company for the unpaid part of the purchase price of the mortgaged bus. In March, 1925, the transfer company executed...

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