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IN RE AMERICAN RANGE & FOUNDRY CO.

22 F.2d 558 (1927)

In re AMERICAN RANGE & FOUNDRY CO. In re NYE.

District Court, D. Minnesota, Third Division.

November 25, 1927.

Attorney(s) appearing for the Case

Todd, Fosnes & Sterling and Richard Converse, all of St. Paul, Minn., for petitioner.

H. V. Mercer and E. J. Lien, both of Minneapolis, Minn., for claimant.

JOHN B. SANBORN, District Judge.

In 1920, the American Range & Foundry Company and the Minnesota Stove Company, both of Shakopee, Minn., were solvent corporations, the stock in which was substantially all owned by G. L. Nye and his son, C. W. Nye; the former owning the controlling interest. The business of these companies had been built up by G. L. Nye, who was then a man more than 60 years of age. For years the business had been known as the

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