IN RE AEROCOLOR, INC.

No. 166798.

236 F.Supp. 84 (1964)

In the Matter of AEROCOLOR, INC., dba Aero Press Co., a corporation, Bankrupt.

United States District Court S. D. California, Central Division.

September 15, 1964.


Attorney(s) appearing for the Case

Cosgrove, Cramer, Rindge & Barnum, Los Angeles, Cal., for petitioner.

Flaxman & Coleman, Los Angeles, Cal., for trustee.


CURTIS, District Judge.

This is a petition for review of a decision of the Referee in Bankruptcy declaring certain chattel mortgages executed by the bankrupt to be void as against creditors upon grounds which we shall presently consider.

The petitioner, Crocker-Citizens National Bank, first petitioned the Referee for leave to exercise a power of sale under two chattel mortgages executed by the bankrupt in its favor, referred to respectively as Aerocolor mortgage...

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