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MARTIN v. COMMERCIAL NATIONAL BANK

No. 100.

245 U.S. 513 (1918)

38 S.Ct. 176

62 L.Ed. 441

MARTIN, TRUSTEE IN BANKRUPTCY OF VIRGIN, v. COMMERCIAL NATIONAL BANK OF MACON, GEORGIA.

Supreme Court of United States.

Decided January 14, 1918.

Attorney(s) appearing for the Case

Mr. R. Douglas Feagin and Mr. Rudolph S. Wimberly, with whom Mr. Oliver C. Hancock was on the brief, for petitioner.

Mr. Orville A. Park, with whom Mr. George S. Jones was on the brief, for respondent.

MR. JUSTICE McREYNOLDS delivered the opinion of the court.

As security for money presently loaned to him in good faith by the Commercial National Bank, one Virgin executed and delivered a mortgage upon his stock of merchandise at Macon, Georgia, February 16, 1914. It was recorded August 20, 1914, when the bank knew of his insolvency. The next day involuntary bankruptcy proceedings were instituted and in due time he was adjudged...

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