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IN RE GERMAN

No. 13067.

285 F.2d 740 (1961)

In the Matter of John H. GERMAN, Bankrupt. Joseph VAN HOOREWEGHE, Trustee, Appellant, v. FIRST NATIONAL BANK OF MOLINE, ILLINOIS, Appellee.

United States Court of Appeals Seventh Circuit.

January 26, 1961.

Attorney(s) appearing for the Case

R. L. McLaughlin, Moline, Ill., for appellant.

George W. Crampton, Moline, Ill., for appellee.

Before DUFFY and KNOCH, Circuit Judges, and PLATT, District Judge.

KNOCH, Circuit Judge.

The First National Bank of Moline, Illinois, sought to establish a lien on the proceeds of the sale of an automobile which was an asset of the Bankrupt's estate. The Trustee in Bankruptcy and the Bank filed a stipulation of facts. The Referee in Bankruptcy held that on these stipulated facts the Bank did not have a valid lien against the Trustee on the proceeds of the sale because the Bank had not perfected its lien in accordance with Ch. 95...

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