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LAUGHARN v. WELCH

No. 5504.

28 F.2d 866 (1928)

LAUGHARN v. WELCH et al.

Circuit Court of Appeals, Ninth Circuit.

October 29, 1928.

Attorney(s) appearing for the Case

Brydolf & Leovy and Vernon M. Brydolf, of Pasadena, Cal., for appellant.

Goldman & Lieberman and Jacob J. Lieberman, all of Los Angeles, Cal., for appellees Welch.

O'Melveny, Tuller & Myers and John R. Girling, all of Los Angeles, Cal., for appellee Pacific Southwest T. & S. Bank.

Before GILBERT, RUDKIN, and DIETRICH, Circuit Judges.

RUDKIN, Circuit Judge.

This was a suit by a trustee in bankruptcy to set aside a transfer of stock from the bankrupt to his wife. The facts are substantially as follows: In the year 1911, Mabel F. Welch, the wife of the bankrupt, with her own funds, but through the agency of her husband, purchased 50 shares of stock in Gunst & Co. for the sum of approximately $2,000, and about a year and a half later an additional 25 shares for approximately $1,000. The two certificates...

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