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IN RE LESSLER

No. 101.

74 F.2d 249 (1934)

In re LESSLER.

Circuit Court of Appeals, Second Circuit.

December 10, 1934.

Attorney(s) appearing for the Case

Milton Kunen, of New York City, for appellant.

Newman & Bisco, of New York City (Leonard G. Bisco and Lester E. Denonn, both of New York City, of counsel), for Conlew, Inc.

Before L. HAND, SWAN, and CHASE, Circuit Judges.

CHASE, Circuit Judge.

On November 23, 1931, the bankrupt, then being the sole stockholder in the Toba Realty Corporation, gave a statement in writing to the Manufacturers' Trust Company, New York, of her financial condition for the purpose of obtaining credit. The Manufacturers' Trust Company then held a note of Toba Realty Corporation, indorsed by the bankrupt, for $1,000. On that day, this note was reduced by a payment of $100. The bank, relying upon the financial...

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