CHASE, Circuit Judge.
The predecessor of the respondent, Auto Strop Safety Razor Company, owed the Auto Strop Company, in 1926, $2,170,478.98 on account of royalties, loans, and interest. In that year the Auto Strop Company was dissolved and all of its assets were distributed in liquidation to the Autan Transfer Corporation which owned all of its stock.
The Autan Transfer Corporation also owned all of the stock of the Auto Strop Safety Razor Company, and on...
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