FIRST NAT. BANK OF BOSTON v. HAMILTON BROWN SHOE CO.

No. 3257.

47 F.2d 794 (1931)

FIRST NAT. BANK OF BOSTON v. HAMILTON BROWN SHOE CO.

District Court, D. Massachusetts.

March 18, 1931.


Attorney(s) appearing for the Case

Frederick H. Nash, Charles O. Pengra, Choate, Hall & Stewart, and Hill, Barlow & Homans, all of Boston, Mass., for receivers.

Warner, Stackpole, Bradlee & Cabot, of Boston, Mass., for defendant.


MORTON, District Judge.

The local receivers' inventory showed $1,165,000 of assets, consisting principally of a stock of shoes on hand and bills receivable, together with the equipment and furnishings of a large office. They were instructed to liquidate it. At the time when they were appointed, the general receiver in St. Louis expressed the opinion, informally, that the property here might realize $750,000. The net amount actually realized, after paying all substantial...

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