THACHER, District Judge (after stating the facts as above).
State Capital was organized in May, 1928, and from that time until September 17, 1929, when it closed its doors, had its offices at 170 Broadway, New York City, where it was engaged in the business of selling the capital stock of State Bankers and in buying and selling unlisted securities, principally bank and insurance stocks, in so-called "over the counter" transactions. The affairs of this corporation...
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