ALEXANDER v. THELEMAN

No. 985.

69 F.2d 610 (1934)

ALEXANDER v. THELEMAN. In re ALEXANDER INDUSTRIES, Inc.

Circuit Court of Appeals, Tenth Circuit.

March 26, 1934.


Attorney(s) appearing for the Case

William V. Hodges, of Denver, Colo. (D. Edgar Wilson and Thomas M. Burgess, both of Denver, Colo., on the brief), for appellant.

Hudson Moore, of Denver, Colo. (Wilbur F. Denious, of Denver, Colo., and Ben S. Wendelken, of Colorado Springs, Colo., on the brief), for appellee.

Before PHILLIPS and McDERMOTT, Circuit Judges, and KENNEDY, District Judge.


McDERMOTT, Circuit Judge.

J. Don Alexander filed a claim for $118,858.08 against the bankrupt estate of Alexander Industries, Inc.; the referee after an extended hearing, denied the claim; the trial court approved and this appeal follows.

Alexander Industries, Inc., was, to a large extent, a family corporation; the claimant himself owned 55 per cent. of the common stock at the time of the transactions in question, and his family 15 per cent. more. The Board...

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