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PHILLIPS v. C. PALOMO & SONS

No. 17642.

270 F.2d 791 (1959)

H. A. PHILLIPS, Trustee, Appellant, v. C. PALOMO & SONS, a Partnership Composed of Esteban Palomo, Domingo Palomo, Louis Palomo and Canuto Palomo, and Individually, Bankrupts, Appellees.

United States Court of Appeals Fifth Circuit.

September 30, 1959.

Attorney(s) appearing for the Case

Joel W. Cook, Houston, Tex., for appellant.

Seymour Lieberman, Houston, Tex., for appellees.

Before HUTCHESON, TUTTLE, and WISDOM, Circuit Judges.

WISDOM, Circuit Judge.

This appeal concerns exemptions under the law of Texas: When a partnership in bankruptcy owns four trucktrailers, is one truck-trailer exempt to each of four partners under an exemption statute allowing "every family" two horses and a wagon?1 We are compelled to answer, "Yes".

Canuto Palomo and his three sons, Esteban, Domingo, and Louis Palomo, organized a partnership, C. Palomo & Sons, in November,...

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