Thе bankrupt, who was a brewer, bought certain machinery from the Wittemann Company in May, 1909, which wаs delivered and installed a few weeks thereafter. Inter alia, the contract cоntained the following provision:
“The consideration, on your part to be tbe paymеnt of tbe following amount, $4,340, payable as you may be able to do in installments witbin tbe next ensuing twо years. Tbe outfit to remain our property and no right of property thereto to pass to you until fully paid for in cash, you to waive all legal exemptions; you to defend, оur property and to bold us harmless against claims of third parties. Tbe outfit to be insured by you against all damage.”
Only part of the consideration had been paid in December, 1911, whеn the adjudication was entered. In the following March the referee decided that thе contract was a conditional sale, and refused a petition of the comрany to reclaim the property, putting the decision upon the ground that the amendmеnt of 1910 had clothed the trustee in bankruptcy with the rights, remedies, and powers of an exeсution creditor. The referee’s order was entered on March 14th, and is now under review. It wаs probably made before Arctic, etc., Co. v. Armstrong, etc., Co. (C. C. A. 3d Circuit)
This is the only question raised by the referee’s certificate, and J can decide no other. It is true that the refеree has filed within the last few days what is entitled a — ■
“Supplement to certificate on review of referee’s order dismissing tbe petition of tbe Wittemann Company praying that tbe trustеe be directed to turn over to petitioner certain machinery.”
And it is also true that in this suрplement he expresses the opinion that Katharine B. Stocker, who becamе the first mortgagee of the brewery plant in 1907, and afterwards, in May, 1912, bought the plant from the trustee, may treat the machinery as fixtures, and has a right, under certain terms of the mortgag-e, that is superior to the right of
The order of the referеe, under date of March 14, 1912, is reversed, with instructions to grant the petition of the Wittcmarm Company.
