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SHEEHAN & EGAN v. NORTH EASTERN SHOE CO.

No. 2520.

47 F.2d 487 (1931)

SHEEHAN & EGAN, Inc., et al. v. NORTH EASTERN SHOE CO.

Circuit Court of Appeals, First Circuit.

February 11, 1931.

Attorney(s) appearing for the Case

John M. Fogarty, of Lynn, Mass. (H. Ashley Bowen, of Lynn, Mass., on the brief), for appellants.

Walter M. Espovich, of Haverhill, Mass., for appellee.

Before BINGHAM, ANDERSON, and WILSON, Circuit Judges.

BINGHAM, Circuit Judge.

This is an appeal from a decree of the District Court for Maine dismissing an involuntary petition in bankruptcy. The ground assigned by the court was that it deemed "it for the best interest of creditors."

The involuntary petition was filed April 10, 1930, seeking to have the North Eastern Shoe Company, Inc., decreed a bankrupt. In the petition it was alleged that the respondent, for the greater portion of six months next preceding...

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