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IN RE KENTUCKY WAGON MFG. CO.

Nos. 6483, 6484.

71 F.2d 802 (1934)

In re KENTUCKY WAGON MFG. CO. LAURENT v. STITES et al. ANDERSON v. SAME.

Circuit Court of Appeals, Sixth Circuit.

June 29, 1934.

Attorney(s) appearing for the Case

David R. Castleman and H. B. Lee, both of Louisville, Ky. (Selligman, Selligman & Goldsmith, of Louisville, Ky., on the brief), for appellants.

Ernest Woodward and D. A. Sachs, Jr., both of Louisville, Ky. (Thos. S. Dawson and Woodward, Hamilton & Hobson, all of Louisville, Ky., on the brief), for appellees.

Before HICKS and SIMONS, Circuit Judges, and RAYMOND, District Judge.

HICKS, Circuit Judge.

Kentucky Wagon Manufacturing Company, a Delaware corporation (herein called New Company), was adjudged a bankrupt on January 12, 1931. Laurent, receiver of the Banco Kentucky Company (herein called Banco), filed claim against the bankrupt for $2,795,211.70, alleging that the indebtedness was secured by a $2,000,000 first mortgage real estate temporary bond of the New Company. Stites, the bankrupt's trustee, objected upon the ground that the bankrupt...

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