IN RE WALCUTT


18 F.2d 362 (1926)

In re WALCUTT.

District Court, S. D. New York.

July 24, 1926.


Attorney(s) appearing for the Case

Kobbé, Thatcher, Frederick & Hoar, of New York City (Karl T. Frederick and George S. Franklin, both of New York City, of counsel), for Grace Walcutt.

Keating & Drucker, of New York City (S. Walter Pokart, of New York City, of counsel), for receiver.


HAZEL, District Judge.

This is a motion to confirm the report of a special commissioner to whom was referred the issue, for determination, of the ownership of 30 shares of stock in Walcutt Bros. Company, viz. whether Cleveland Walcutt, the bankrupt, or Grace Walcutt, the respondent, is the owner thereof. It is contended by the latter that, previous to November, 1924, the bankrupt, who was then solvent, voluntarily created, by parol, a trust conveying the beneficiary...

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