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HORN v. ABTS

No. 7622.

19 F.2d 350 (1927)

HORN v. ABTS. In re H. W. ABTS CO.

Circuit Court of Appeals, Eighth Circuit.

May 7, 1927.

Attorney(s) appearing for the Case

Virgil J. Haggart, of Omaha, Neb. (Morsman, Maxwell & Haggart, of Omaha, Neb., on the brief), for appellant.

August Wagner, of Columbus, Neb., and Fred A. Wright, of Omaha, Neb. (Sullivan, Wright & Thummel, of Omaha, Neb., and Albert & Wagner, of Columbus, Neb., on the brief), for appellee.

Before BOOTH, Circuit Judge, and FARIS and DAVIS, District Judges.

DAVIS, District Judge.

Appeal by trustee of the bankrupt estate of H. W. Abts Company from a judgment approving an order of the referee in bankruptcy allowing the claim of Michael Abts for $7,000 as an unsecured debt against the bankrupt estate.

Michael Abts, the claimant, on March 8, 1923, purchased 70 shares of the preferred stock of the H. W. Abts Company, a corporation, for which he paid the equivalent of $7,000. The H. W. Abts Company had not complied...

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