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IN RE PUGET SOUND SAVINGS & LOAN ASS'N.

No. 31632.

49 F.2d 922 (1931)

In re PUGET SOUND SAVINGS & LOAN ASS'N.

District Court, W. D. Washington, N. D.

April 4, 1931.

Attorney(s) appearing for the Case

McBurney & O'Brien, Byers & Byers, and A. J. Westberg, all of Seattle, Wash. (Leopold M. Stern, of Seattle, Wash., of counsel), for petitioners.

Lewis & Black and Colvin & Rhodes, all of Seattle, Wash., for alleged bankrupt.

John H. Dunbar, Atty. Gen., of Washington, and Greene & Henry, C. E. Gates, Miller & Weiss, and Moore & Higgins, all of Seattle, Wash., for objectors to petition.

Caldwell & Lycette, of Seattle, Wash., amici curiæ, for temporary receiver.

Grinstead, Laube, Laughlin & Meakim, of Seattle, Wash., amici curiæ, for Washington Savings & Loan League.

NETERER, District Judge.

In this memorandum the alleged bankrupt will be referred to as the saving and loan association.

Involuntary adjudication in bankruptcy is sought by three shareholders and one intervening shareholder of the alleged bankrupt, alleging payment of money within three years, that over withdrawals and offsets there remains $2,063.54, $1,698.94, $5,350, and $98.10, respectively; that the said association is insolvent and within four months...

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