L. HAND, Circuit Judge.
These are appeals from an interlocutory decree entered upon the petition of a testamentary trustee against insolvency receivers. In 1930 Fearey, the petitioner, whom it will be convenient to speak of as the mortgagee, bought a mortgage from the New York Title & Mortgage Company, which gave him a written guaranty, a separate document from the assignment. By this they guaranteed "payment of the principal of said bond and mortgage and of every...
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