IN RE CHEROKEE ASPHALT PAVING COMPANY

No. 14521.

295 F.2d 814 (1961)

In the Matter of CHEROKEE ASPHALT PAVING COMPANY., Inc., Bankrupt. Frank J. McGHEE, Trustee, Appellant, v. STORY BROTHERS, INC., Appellee.

United States Court of Appeals Sixth Circuit.

November 9, 1961.


Attorney(s) appearing for the Case

R. Arnold Kramer, Knoxville, Tenn., for appellant.

Ivan T. Privette, Knoxville, Tenn. (Privette & Mann, Knoxville, Tenn., on the brief), for appellee.

Before MARTIN and CECIL, Circuit Judges, and DARR, Senior District Judge.


PER CURIAM.

This is an appeal by the Trustee of the Bankruptcy Estate of Cherokee Asphalt Paving Company, Inc. from a judgment rendered by the District Court denying the objections of the Trustee to the security on the claims of Story Brothers, Inc.

In 1958, Story sold to Cherokee certain personal property taking two promissory notes, each of which was secured by a conditional sales contract. Story endorsed these notes with recourse and sold them to a bank...

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