District Court, E.D. Michigan December 17, 1965, Civ. No. 22748 (United States v. Haddix & Sons, Inc.)

FREEMAN, District Judge.

In this action concerning competing claims to property in receivership, J. I. Case Credit Corporation asserts a property interest in $19,604.34 of funds in the hands of the receiver, claiming that these funds are trust funds to which Case is entitled under the terms of the Uniform Trust Receipts Act, 14 M.S.A. § 19.535 (10), Comp.Laws 1948, § 555.410 [P.A. 1952 No.