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ROYAL INDEMNITY CO. v. AMERICAN BOND & MORTGAGE CO.

No. 2579.

51 F.2d 60 (1931)

ROYAL INDEMNITY CO. v. AMERICAN BOND & MORTGAGE CO.

Circuit Court of Appeals, First Circuit.

June 29, 1931.

Attorney(s) appearing for the Case

Seldon Bacon, of New York City, for appellant.

Robert Hale, of Portland, Me., for appellee bankrupt.

Herbert J. Connell, of Portland, Me., for debenture bondholders.

Before BINGHAM and WILSON, Circuit Judges, and MORTON, District Judge.

WILSON, Circuit Judge.

On May 25, 1931, an involuntary petition in bankruptcy was filed against the American Bond & Mortgage Company, Inc., in the District of Maine, the alleged bankrupt being a Maine corporation. Its principal business, however, appears to have been done in New York and Chicago, where it had offices.

On the same day a petition for the appointment of a receiver under section 2 (3) of the Bankruptcy Act (11 USCA § 11 (3) was filed...

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