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EXCHANGE NATIONAL BANK OF COLORADO SPRINGS v. HOUGH

No. 5828.

258 F.2d 785 (1958)

The EXCHANGE NATIONAL BANK OF COLORADO SPRINGS, Appellant, v. Raymond HOUGH, As Trustee, Appellee.

United States Court of Appeals Tenth Circuit.

August 11, 1958.

Attorney(s) appearing for the Case

Karl Ross and J. Hartley Murray, Colorado Springs, Colo. (Murray, Baker & Wendelken, Colorado Springs, Colo., on the brief), for appellant.

L. James Arthur, Denver, Colo. (Frederick P. Cranston, Denver, Colo., on the brief), for appellee.

Before BRATTON, Chief Judge, and MURRAH and BREITENSTEIN, Circuit Judges.

BREITENSTEIN, Circuit Judge.

In this bankruptcy proceeding the decision depends upon the validity, as against the appellee trustee, of a chattel mortgage given by the bankrupt, Atomic Research Corporation, to the appellant bank. The bankrupt was in business at Colorado Springs, Colorado, where it made and sold Geiger counters and other electronic devices for the detection of radiation. It borrowed $30,000 from the bank on the security of a chattel mortgage and certain...

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