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OSTRANDER-SEYMOUR CO. v. GRAND RAPIDS TRUST CO.

No. 5649.

50 F.2d 567 (1931)

OSTRANDER-SEYMOUR CO. v. GRAND RAPIDS TRUST CO. et al.

Circuit Court of Appeals, Sixth Circuit.

June 9, 1931.

Attorney(s) appearing for the Case

Meyer Abrams and Vincent G. Gallagher, both of Chicago, Ill. (Gallagher, Shulman & Abrams, of Chicago, Ill., and Knappen, Uhl & Bryant, of Grand Rapids, Mich., on the brief), for appellant.

B. M. Corwin and G. C. Fuller, both of Grand Rapids, Mich. (Corwin, Norcross & Cook, of Grand Rapids, Mich., on the brief), for appellees.

Before DENISON, HICKS, and HICKENLOOPER, Circuit Judges.

HICKENLOOPER, Circuit Judge.

On August 16, 1926, appellant sold certain chattel property comprising an engraving plant and equipment to the Powers-Tyson Corporation, a Michigan corporation, reserving a security title for approximately $7,500 of the purchase price. On January 13, 1928, the circuit court for Kent county, Mich., appointed a receiver for the Powers-Tyson Corporation, a Delaware corporation, which had theretofore succeeded to the possession of the engraving...

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