JONES, Circuit Judge.
Howard Distributing Corporation, herein called Howard, sold merchandise on credit. It made a contract for the sale to appellee of accounts receivable containing a provision that Howard should execute assignments so as to vest in appellee "full title to accounts" and appellee should "be entitled to all of the ownership, title, rights, securities or guaranties possessed by customer [Howard] in respect thereto, and in respect to the property evidenced...
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