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HUBER v. MORAN

No. 12707.

140 F.2d 823 (1944)

HUBER et al. v. MORAN.

Circuit Court of Appeals, Eighth Circuit.

February 5, 1944.

Attorney(s) appearing for the Case

R. Brown, of Creston, Iowa (Geo. F. Buresh, of Cedar Rapids, Iowa, on the brief) for appellants.

E. Marshall Thomas, of Dubuque, Iowa, for appellee.

Before STONE, JOHNSEN, and VAN VALKENBURGH, Circuit Judges.

STONE, Circuit Judge.

Appellants are farmers proceeding under Section 75, sub. s, of the Bankruptcy Act, as amended, 11 U.S.C.A. § 203, sub. s, in connection with an Iowa farm which had been deeded to appellee to satisfy an indebtedness with a contract for repurchase. In the course of the proceeding (which began March 2, 1940), the property had been appraised at $11,000 and annual rental fixed at $1,200 (March 1, 1941, to March 1, 1942) and at $1,000 (from March...

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