PHILLIPS, Circuit Judge.
On October 16, 1926, T. R. Pipkins executed a renewal note for the principal sum of $2,500 to the First National Bank of Checotah, Oklahoma. On the same day, he made a written financial statement to the bank in which he stated that he owned certain personal property of the value of $2,250, a homestead of the value of $4,000 and 196 acres of land in McIntosh County, Oklahoma, of the value of $7,860, and that his liabilities consisted of an...
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