PER CURIAM.
This appeal was heard upon the record, briefs and arguments of counsel for the respective parties;
And it appearing that the Referee in Bankruptcy made findings of fact and conclusions of law that the chattel mortgage executed by the bankrupt, Bradley Builders, Inc., on March 11, 1953 to the appellant, The Commercial Savings Bank, of Adrian, Michigan, to the extent of the excess over $1,529.35 which was new money loaned by the appellant to the...
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