DANIEL v. GUARANTY TRUST CO.

No. 179.

285 U.S. 154 (1932)

DANIEL, TRUSTEE IN BANKRUPTCY, v. GUARANTY TRUST CO. OF NEW YORK.

Supreme Court of United States.

Decided March 14, 1932.


Attorney(s) appearing for the Case

Mr. Winthrop B. Lane, with whom Messrs. Halleck F. Rose, Arthur R. Wells, and Paul L. Martin were on the brief, for petitioner.

Mr. Porter R. Chandler, with whom Messrs. John W. Davis and Wm. C. Dorsey were on the brief, for respondent.


MR. JUSTICE McREYNOLDS delivered the opinion of the Court.

December 10, 1929, The Peters Trust Company, of Omaha, Nebraska, was adjudged bankrupt by the United States District Court for that State. March 17, 1930, Herbert S. Daniel, petitioner here, became trustee of the estate.

In April, 1930, the Guaranty Trust Company of New York presented to the same court a petition for the reclamation of designated bonds. It...

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