TUTTLE, Circuit Judge.
This is an appeal from a summary judgment entered against the United States in its suit to recover on eleven negotiable warehouse receipts. There is no dispute over the facts.
In 1948 the Denton Peanut Company borrowed sums approximating $1,000,000 from the Denton County National Bank. The peanut company secured these loans, denominated dealer's commodity loans, by peanuts stored in the warehouses of the New York Terminal Warehouse Company...
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