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IN RE AA APPLIANCE & TV CENTER, INC.

No. 12679.

271 F.2d 800 (1959)

In the Matter of AA APPLIANCE & TV CENTER, INC., Bankrupt. Benjamin TRUE, as Trustee, Appellant, v. MARSHALL & ILSLEY BANK, Appellee.

United States Court of Appeals Seventh Circuit.

November 19, 1959.

Attorney(s) appearing for the Case

Irvin B. Charne, Milwaukee, Wis., for appellant.

Gordon H. Smith, Jr., Shurchill, Duback & Churchill, Milwaukee, Wis., for appellee.

Before HASTINGS, Chief Judge, and KNOCH and CASTLE, Circuit Judges.

KNOCH, Circuit Judge.

Marshall and Ilsley Bank of Milwaukee, Wisconsin, filed, with the Wisconsin Secretary of State, a statement of the Bank's financing and anticipated financing (by means of trust receipt transactions) of acquisition of "Television, Appliances and Other Similar Equipment" by AA Appliance & TV Center, Inc.

Subsequently the President of the AA Appliance delivered to the Bank three trust receipts on refrigerators, washers, dryers and a...

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