Case Name: NATIONAL BANK OF ATHENS v. SHACKELFORD
Court: United States Court of Appeals for the Fifth Circuit
Jurisdiction: United States
Decision Date: 1913-10-29
Citations: 208 F. 677
Docket Number: No. 2,548
Parties: NATIONAL BANK OF ATHENS v. SHACKELFORD.
Judges: Before PARDEE and SHELBY, Circuit Judges, and FOSTER, District Judge.
Reporter: Federal Reporter
Volume: 208
Pages: 677–678

Head Matter:
NATIONAL BANK OF ATHENS v. SHACKELFORD.
(Circuit Court of Appeals, Fifth Circuit.
October 29, 1913.)
No. 2,548.
Bankbuttcy (§ 175 ) — Mortgages—-Validity as Against Trustee.
A "mortgage given by a bankrupt, although for a valid consideration and valid as between the parties, if withheld from record by agreement or understanding between them, so as not to affect the mortgagor’s credit, may be set aside at the suit of his trustee.
[Ed. Note. — For other cases, see Bankruptcy, Cent. Dig. §§ 247, 218; Dec. Dig. i 175. ]
Appeal from the District Court of the United States for the Northern District of Georgia; Wm. T. Newman, Judge.
Suit in equity by F. C. Shackelford, trustee in bankruptcy of J. N. Webb, against the National Bank of Athens. Decree for complainant, and defendant appeals.
Affirmed.
John J. Strickland, of Athens, Ga., for appellant.
Howell C. Erwin, Stephen C. Upson, Andrew J. Cobb, and Horace M. Holden, all of Athens, Ga., for appellee.
Before PARDEE and SHELBY, Circuit Judges, and FOSTER, District Judge.
For other cases see same topic & § numbuk in Dec. & Am. Digs. 1907 to date, & Kep’r Indexes

Opinion:
PER CURIAM.
The evidence in this case tends strongly to show that, although the mortgage given by the bankrupt to the appellant was for a valid consideration and effective as between the parties thereto, the same by understanding, if not agreement, was withheld from record, so as not to affect the.mortgagor's credit; and we therefore concur with the trial judge in his disposition of the case.
The decree appealed from is affirmed.