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NEW LIBERTY LOAN & SAVINGS ASS'N v. NUSBAUM

No. 3542.

70 F.2d 49 (1934)

NEW LIBERTY LOAN & SAVINGS ASS'N v. NUSBAUM. In re COHEN.

Circuit Court of Appeals, Fourth Circuit.

April 3, 1934.

Attorney(s) appearing for the Case

Raphael Walter, of Baltimore, Md. (Sykes, Nyburg, Goldman & Walter, of Baltimore, Md., and Sperry & Snider, of Clarksburg, W. Va., on the brief), for appellant.

Charles C. Scott, of Clarksburg, W. Va. (Aaron Winer, of Clarksburg, W. Va., on the brief), for appellee.

Before PARKER, Circuit Judge, and WILLIAM C. COLEMAN and CHESNUT, District Judges.

PARKER, Circuit Judge.

This is an appeal from an order directing the sale free of liens of certain incumbered property of a bankrupt. The property was appraised at $35,000. The amount of the valid incumbrances against it is in excess of $52,000. It appears that the first incumbrancer petitioned the court to release the property from the administration of the bankruptcy court, but its petition was denied. The fourth incumbrancer, holding a debt of $15,000 secured by...

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