IN RE KOUNTZE BROS.


4 F.Supp. 679 (1933)

In re KOUNTZE BROS. et al.

District Court, S. D. New York.

September 18, 1933.


Attorney(s) appearing for the Case

Gleason, McLanahan, Merritt & Ingraham, of New York City (Burgess Osterhout, of New York City, of counsel), for reclaimants City of Grand Junction, Colo., and Henry Merkel.

Thomson, Wood & Hoffman and Alva Collins, all of New York City (W. Morton Carden and John H. Hoffman, both of New York City, of counsel), for City of Los Angeles, Cal., and Douglas county, Ariz.

Swiger, Scandrett, Chambers & Landon, of New York City (Joseph R. Kelly, of counsel), for Alamosa county and others.

O'Brien, Boardman, Conboy, Memhard & Early, of New York City (Allen R. Memhard and Henry A. Jones, both of New York City, of counsel), for trustee.


FRANK J. COLEMAN, District Judge.

The only question presented is whether the bankrupts' credit balance in the Central Hanover Bank & Trust Company was completely exhausted on October 10, 1931, about a month before the filing of the petition in bankruptcy. At the latter time there was a credit balance of $183,355.60 which various reclaimants are seeking to obtain on the ground that it included various trust funds of which they were beneficial owners; and the trustee...

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