PETITION TO REVIEW ORDER OF REFEREE
MEMORANDUM DECISION AND ORDER
BRENNAN, District Judge.
This review involves only the interpretation and application of Section 9-103(3) and (4) of the Uniform Commercial Code effective in the State of New York on September 27, 1964. The problem was submitted to the Referee pursuant to a stipulation of facts which is summarized below.
On October 1, 1965 Harold J. White, the bankrupt, then a member of the...
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