Tele-King Distributing Company Of Los Angeles v. William A. Wyle

218 F.2d 940 TELE-KING DISTRIBUTING COMPANY OF LOS ANGELES, Appellant, v. William A. WYLE, Receiver and Trustee of the Estate of Jack Richards, doing business as Richards Radio & T.V., Bankrupt, Appellee. No. 13990. United States Court of Appeals, Ninth Circuit. January 17, 1955. Bachrack & Wilson, Herman A. Bachrack, Los Angeles, Cal., for appellant. Craig, Weller & Laugharn, C. E. H. McDonnell, Frank C. Weller, Thomas S. Tobin, Los Angeles, Cal., for appellee. Before STEPHENS, FEE, and CHAMBERS, Circuit Judges. CHAMBERS, Circuit Judge. 1 This is a bankruptcy appeal in the affairs of Jack Richards, an individual retail merchant who sold radios and television sets in Los Angeles. William A. Wyle is the receiver and trustee of the bankrupt's assets. He is appellee. The appellant is Tele-King Distributing Company of Los Angeles, Inc. 2 The controversy concerns twelve television sets which were in the sales room of the debtor at the time of his bankruptcy adjudication. Previously, these sets had been delivered to the bankrupt by the appellant Tele-King. Upon receipt the sets went into Richards' floor stock. We are here concerned with whether the sets at the time of the…