District Court, N.D. Texas October 23, 1968, No. BK-5-139 (In re Cain)

MEMORANDUM OPINION AND ORDER:

WOODWARD, District Judge.

The Small Business Administration advanced the sum of $15,000.00 on the promissory note of Alton Cain, of which there is $11,472.44 now due. Cain has been adjudged a bankrupt.

To secure the indebtedness, the bankrupt had previously given a lien to the Small Business Administration on miscellaneous assets and about $277.