Court of Appeals for the Fourth Circuit November 23, 1966, 10255 (Columbia Bank for Cooperatives v. H. Kenneth Lee, Trustee in Bankruptcy, in the Matter of Farmers Federation Cooperative, Inc., Bankrupt)

SOBELOFF, Circuit Judge:

This is a case of first impression involving the relation of the Farm Credit Act to bankruptcy proceedings.

Farmers Federation Cooperative, Inc., (hereafter Federation) was adjudicated a bankrupt in February, 1963, and appellee H. Kenneth Lee was appointed trustee.