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BOSTIAN v. PARK NATIONAL BANK

No. 15341.

226 F.2d 753 (1955)

William B. BOSTIAN, Trustee in Bankruptcy of the Estate of Raymon H. Banner, an individual, doing business as Banner Sewing Machine Company, Appellant, v. PARK NATIONAL BANK OF KANSAS CITY, Appellee.

United States Court of Appeals Eighth Circuit.

November 9, 1955.

Attorney(s) appearing for the Case

Thomas D. Circle, Kansas City, Mo. (W. Arnold Brannock, Kansas City, Mo., was with him on the brief), for appellant.

Elmer B. Hodges, Kansas City, Mo. (M. George Russell, Kansas City, Kan., was with him on the brief), for appellee.

Before JOHNSEN, COLLET and VAN OOSTERHOUT, Circuit Judges.

COLLET, Circuit Judge.

The primary question presented on this appeal is whether a field warehousing agreement entered into between Raymon H. Banner, doing business as the Banner Sewing Machine Company, and the St. Louis Terminal Warehouse Company constituted a valid pledge of the property placed in the warehouse with the result that a creditor of Banner, the Park National Bank, acquired a valid lien on the property through warehouse receipts covering the property...

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