Court of Appeals for the Seventh Circuit February 7, 1941, No. 7322 (Mitchell v. Joseph)

LINDLEY, District Judge.

Plaintiff appeals from a judgment jdeny-i'ng his suit to recover $10,000 advanced by him as earnest money to apply upon the purchase price of certain real estate which defendant, as receiver of an insolvent national bank, had contracted to sell to him.

The contract, dated October 17, 1936, in view of the statute, 12 U.S.C.A.