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WALKER v. CLINTON STATE BANK

No. 15044.

216 F.2d 165 (1954)

W. S. WALKER, Trustee in Bankruptcy of the Estate of Harvey J. Hall, Jr., and Garner Hall, doing business as Farmers Exchange and Hatchery, Bankrupts, Appellant, v. CLINTON STATE BANK, Appellee.

United States Court of Appeals Eighth Circuit.

November 4, 1954.

Attorney(s) appearing for the Case

D. D. Panich, Little Rock, Ark., for appellant.

Alston Jennings, Little Rock, Ark. (Opie Rogers, Clinton, Ark., on the brief), for appellee.

Before GARDNER, Chief Judge, and THOMAS and COLLET, Circuit Judges.

THOMAS, Circuit Judge.

This is a controversy in a bankruptcy proceeding, and the rights of the parties are to be determined by the application of equitable principles unless such principles are inconsistent with the Bankruptcy Act, 11 U.S.C.A. § 1 et seq.; Securities and Exchange Commission v. United States Realty & Improvement Co., 310 U.S. 434, 455, 60 S.Ct. 1044, 84 L.Ed. 1293.

Plaintiff-appellant, W. S. Walker,...

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