ARANT, Circuit Judge.
This is an appeal from a decree affirming an order of a referee in bankruptcy, and adjudging appellee's right as vendor of certain saw mill machinery under a conditional sales contract to be superior to that of appellant as purchaser of the interest held by a mortgagee of the vendee. The deed of trust, under which appellant claims, was executed by the Whiting Lumber Company, now bankrupt, prior to the conditional sales contract under which appellee...
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