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IN RE VENIE

No. 2522.

80 F.Supp. 250 (1948)

In re VENIE et al.

United States District Court W. D. Missouri, S. D. Missouri, S. D.

October 16, 1948.

Attorney(s) appearing for the Case

M. H. Galt, and A. P. Stone, Jr., of Springfield, Mo., for bankrupts.

Fred A. Moon, of Springfield, Mo., for Citizens Bank.

John Turner White, of Springfield, Mo., for Trustee in Bankruptcy.

RIDGE, District Judge.

This review proceeding presents the question whether the Referee in Bankruptcy erred in construing Section 67, sub. d(4) of the Bankruptcy Act of 1938, 11 U.S.C.A. § 107, sub. d(4), in upholding a chattel mortgage, given to the Citizens Bank of Springfield, Missouri, as security for a loan made for the purpose of enabling one co-partner to buy out the one-half interest of his other partner, in the Sandy Anne Candy Company, at a time when...

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