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IN RE AMERICAN BOND & MORTGAGE CO.

50 F.2d 441 (1931)

In re AMERICAN BOND & MORTGAGE CO., Inc.

District Court, D. Maine, S. D.

May 26, 1931.

Attorney(s) appearing for the Case

Verrill, Hale, Booth & Ives, of Portland, Me., and Defrees, Buckingham, Jones & Hoffman, of Chicago, Ill., for bankrupt.

Skillin, Dyer & Payson, of Portland, Me. (Selden Bacon and Saul S. Myers, both of New York City, of counsel), for petitioner.

Cook, Hutchinson, Pierce & Connell, of Portland, Me., and Cassels, Potter & Bentley, of Chicago, Ill., for committee of debenture bondholders.

PETERS, District Judge.

On May 25th an involuntary petition in bankruptcy was filed in this district against the American Bond & Mortgage Company. Simultaneously there was filed a petition by a creditor for the appointment of receivers. The alleged bankrupt, although having a domicile in Maine by reason of its incorporation here, appears to have no assets or business in the state, so that the actual duties of a receiver appointed by this court would be nominal...

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