GLASS v. PHILLIPS

No. 10609.

139 F.2d 1016 (1943)

GLASS v. PHILLIPS.

Circuit Court of Appeals, Fifth Circuit.

November 18, 1943.


Attorney(s) appearing for the Case

Conrad J. Landram, of Houston, Tex., for appellant.

A. G. McNeese, Jr., of Houston, Tex., for appellee.

Before HUTCHESON, McCORD, and WALLER, Circuit Judges.


WALLER, Circuit Judge.

Mengden Rope Corporation, a bankrupt, owed the State of Texas and the County of Harris personal property taxes for 1938. Claims were filed and allowed with full priority except the claim for the 1938 taxes on the stock of goods on hand.

The referee found that only 20% of the stock of goods upon which the assessment was made in 1938 came into the hands of the trustee, and that the value of the stock of merchandise in the hands of the...

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