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IN RE BEN L. BERWALD SHOE CO.

No. 2064.

1 F.2d 494 (1924)

In re BEN L. BERWALD SHOE CO.

District Court, N. D. Texas, at Dallas.

September 12, 1924.

Attorney(s) appearing for the Case

Burgess, Owsley, Story & Stewart, of Dallas, Tex., for minority creditors.

Fred J. Dudley, of Dallas, Tex., for trustee.

ATWELL, District Judge.

The bankrupt has 66 unsecured creditors, the aggregate of whose claims is approximately $43,833.81. The visible assets would have netted probably 20 per cent. to the creditors. The bankrupt is a corporation, with $10,000 capital. The trustee claimed that all of the stock was owned and the corporation officered by Berwald and two associates; that they had not paid for the stock; that Berwald had become...

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