In re Crocker

Julia A. Crocker was the owner of a life estate in a certain ranch in Placer county, in which her three children, Reader W. Crock-er, Laura M. Bath, and Ethel L. Packard* held the remainder. Sale of the property under a deed of trust executed by all of the parties mentioned to the Placer County Bank of Auhurn was noticed for June 29, 1934. On June 28,1934, Julia A. Crocker, in her own behalf, filed a petition for extension of time to pay debts under section 75 of the Bankruptcy Act (11 USCA § 203), and thereafter, on July 3, 1934, Judge Louder-back issued a restraining order reading in part as follows:

Said three children, on August 24, 1934, deeded their interest to Julia A. Crocker, and on September 3d, following, Julia A. Crock-er deeded the remainder to Reader W. Crocker, retaining a life estate to herself. Julia A. Crocker died on October 18, 1934, and, on the following day, the Placer County Bank of Auburn, under said notice of sale given by virtue of the powers contained in the deed of trust, which sale had been restrained by this court but continued to October 19, 1934, sold the property. Thereafter, on October 23,1934, Reader W. Crock-er filed a debtor’s petition under…