ORR, Circuit Judge.
Appellee Sanderson was adjudged a bankrupt on April 13, 1954, pursuant to a voluntary petition theretofore filed. Appellant England has been elected trustee.
On February 26, 1954, Sanderson, hereafter "bankrupt," filed a declaration of homestead pursuant to California law.
We are here concerned with the question of whether the bankrupt is entitled to an exemption of $12,500, the amount stated in Calif.Civ.C. § 1260 in force...
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