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accounts receivable action affirmed agreement amount appellant apply assignment automobile bankrupt bill of lading bona fide purchaser breach Bulk Sales Act buyer carrier cash certificate certiorari chattel mortgage claim Code Commercial conditional sale Corp corporation creditors damages dealer debt debtor defendant defendant's delivered delivery deposit District Court draft drawee Ermac fact Federal filed Finance fraud fraudulent conveyance held holder indorsement insolvent interest issued judgment L.Ed law merchant liability lien loan ment merchandise mortgagor Motor National Bank Negotiable Instruments notice paid parties payable payee payment person petition plaintiff pledge possession proceeds Professor of Law purchaser question reasonable record retail rule S.Ct Sales Act sales contract sell seller shipment sold statute supra surety thereof tion transaction transfer Trust Receipts trustee in bankruptcy UCC Section Uniform Uniform Commercial Code usury warehouse receipts warranty York