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ISAACS v. STOCK

No. 5132.

66 F.2d 928 (1933)

ISAACS v. STOCK.

Circuit Court of Appeals, Third Circuit.

August 30, 1933.

Attorney(s) appearing for the Case

August Ziegener, of Jersey City, N. J. (Robert H. Brenner, of Jersey City, N. J., of counsel), for appellant.

James D. Carpenter and McDermott, Enright & Carpenter, all of Jersey City, N. J., for appellee.

Before BUFFINGTON, WOOLLEY, and THOMPSON, Circuit Judges.

BUFFINGTON, Circuit Judge.

In this case it appears that several directors of the National Bank of North Hudson signed a paper dated August 6, 1931, reciting such bank was insolvent and requesting that it be placed in the hands of a receiver by the Comptroller of the Treasury. In pursuance thereof such step was taken. The paper, which was later signed by Lionel Isaacs, also recited that "an examination of this Bank made as of July 22, 1931, disclosed losses exceeding...

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