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IN RE LATHRAP

No. 6742.

61 F.2d 37 (1932)

In re LATHRAP. LAMBERTON et al. v. LAUGHARN.

Circuit Court of Appeals, Ninth Circuit.

August 10, 1932.

Attorney(s) appearing for the Case

Cree & Brooks, of Long Beach, Cal., for appellants.

Raphael Dechter, of Los Angeles, Cal., for appellee.

Joseph J. Rifkind, of Los Angeles, Cal., and Hy Schwartz, of Los Angeles, Cal., amici curiæ.

Before SAWTELLE, Circuit Judge, and NETERER and ST. SURE, District Judges.

SAWTELLE, Circuit Judge.

This appeal is prosecuted from an order of the District Court, confirming an order of the referee, in which latter order the appellants were held to be coadventurers and coinvestors with the bankrupt, and their claims adjudged subordinate to those of creditors.

The bankrupt, Frank H. Lathrap, is the lessee of a certain parcel of real property, under an oil and gas lease in the ordinary form, giving him the right to prospect upon the...

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