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IN RE ADVANCE OIL CO.

No. 3124.

1 F.2d 442 (1924)

In re ADVANCE OIL CO. Appeal of FRANKLIN TRUST CO.

Circuit Court of Appeals, Third Circuit.

September 23, 1924.

Attorney(s) appearing for the Case

R. T. M. McCready, of Pittsburgh, Pa., and A. R. & N. F. Osmer, of Franklin, Pa., for appellant.

Trax & Parker, Breene & Jobson and William M. Parker, all of Oil City, Pa., for appellees.

Before WOOLLEY and DAVIS, Circuit Judges, and THOMPSON, District Judge.

WOOLLEY, Circuit Judge.

Three creditors, having provable claims aggregating over fifteen thousand dollars, filed an involuntary petition in bankruptcy against the Advance Oil Company. They stated the act of bankruptcy as follows:

"That within four months next preceding the date of this petition, the said Advance Oil Company committed an act of bankruptcy in that heretofore, to wit, on the 14th day of September, 1921, while insolvent, it did give and deliver...

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