SOBELOFF, Chief Judge.
The issue here is whether a purported conditional sales contract validly created the lien asserted by appellant, Mickel-Hopkins Company, Inc., against personal property in the possession of James Harold Coble at the time of his adjudication as a bankrupt.
The background of the controversy may be briefly stated. In November, 1957, Coble opened a new restaurant in Greensboro, North Carolina. Substantially all the restaurant fixtures and...
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