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56 F.2d 601

Docket No. 288.

In re Dunlap

Second Circuit Court of Appeals

Decided March 7, 1932.

Second Circuit Court of Appeals · decided 1932-03-07

2 counsel of record

Relies on Bailey v. Baker Ice Machine Co. · American Clay MacHinery Co. v. New England Brick Co.

Good law ✅— No negative treatment on recordhow we know

Opinion by (per_curiam) · Decided 1932-03-07

How this case has been cited

Cited by 16 later decisions — most recently November 2006

11 federal appellate · 1 district · 2 state decisions

5019321940195019601970198019902000decided

Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.

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¶1Joseph Weiner, of New Haven, Conn., for appellant.

¶2Stephen F. Dunn, of New Haven, Conn., for appellee.

¶3Before L. HAND, SWAN, and AUGUSTUS N. HAND, Circuit Judges.

¶4PER CURIAM.

¶5We do not find it necessary to determine whether as matter of fact the documents in question were leases or conditional contracts of sale, though we should have to be clearly convinced before reversing the order of the District Judge, who has carefully and .thoroughly examined all the evidence. We decide the appeal on a question of law. Assuming that the leases were contracts of sale and had to be recorded to be valid, nevertheless the conditional seller, Cooper, took possession of the property on July 24th, eight days before the petition in bankruptcy was filed. The Supreme Court of Connecticut in American Clay Machinery Co. v. New England Brick Co., 87 Conn. 369, 87 A. 731, held that a conditional contract of sale was valid, when the seller had taken possession before the date of appointment of a receiver, who represented a creditor, and whose appointment was equivalent to an attachment. In that case, owing to the defective acknowledgment of the contract, it was invalid under the statute, though recorded, but the seller’s possession before the attachment validated it notwithstanding. Possession or recording within four months of petition filed does not bring the ease within section 60a or section 47a of the Bankruptcy Act, 11 USCA §§ 96(a), 75(a), and make it a preference. Bailey v. Baker Ice Mach. Co., 239 U. S. 268, 36 S. Ct. 50, 60 L. Ed. 275.

¶6It makes no difference whether Cooper, the appellee, or the Paterson Company, was in fact the seller. If the second, Cooper was at least acting as agent of an undisclosed principal, and he could sue in his own name. Indeed, as these were sealed instruments, it is doubtful whether the Paterson Company could have sued in any. ease, though on this we need not pass.

¶7Order affirmed.

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