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FIRST NAT. BANK OF TROUP, TEX. v. BLADES

No. 8594.

93 F.2d 154 (1937)

FIRST NAT. BANK OF TROUP, TEX., v. BLADES et al. In re FLORENCE OIL CO. et al.

Circuit Court of Appeals, Fifth Circuit.

December 7, 1937.

Attorney(s) appearing for the Case

Chas. F. Potter, of Tyler, Tex., for appellant.

Gordon Simpson and Oran Lowry, both of Tyler, Tex., for appellee.

Before FOSTER and HOLMES, Circuit Judges, and STRUM, District Judge.

HOLMES, Circuit Judge.

This appeal is from a judgment, affirming an order of the referee in bankruptcy, canceling an assignment of a one-fourth interest in an oil and gas lease belonging to appellee's bankrupt, given to secure a loan to the R. J. R. Drilling Company.

The ownership of the lease by the bankrupt, the execution of the assignment of a one-fourth interest therein by the bankrupt's agent and attorney in fact, and the loan to the R. J. R. Drilling...

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