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IN RE BANKSHARES CORPORATION OF THE UNITED STATES

No. 360.

50 F.2d 94 (1931)

In re BANKSHARES CORPORATION OF THE UNITED STATES.

Circuit Court of Appeals, Second Circuit.

June 1, 1931.

Attorney(s) appearing for the Case

Falk & Orleans, of New York City (Ilo Orleans and Arnold Dumey, both of New York City, of counsel), for appellant.

Javits & Javits, of New York City, and McCarter & English, of Newark, N. J. (J. K. Javits, of New York City, of counsel), for Irving Trust Co., trustee in bankruptcy.

Before MANTON, SWAN, and CHASE, Circuit Judges.

MANTON, Circuit Judge.

The Bankshares Corporation of the United States, a New Jersey corporation, carried on business and had property within the jurisdiction of the District Court for the Southern District of New York. On May 12, 1930, the Chancery Court of New Jersey appointed Samuel I. Kessler receiver of that corporation. An involuntary petition in bankruptcy was filed by three creditors, to which consent was given by the directors through their attorney, in the...

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