BROWNELL v. PFAFF & HUGHEL

No. 5189.

77 F.2d 80 (1935)

BROWNELL v. PFAFF & HUGHEL, Inc.

Circuit Court of Appeals, Seventh Circuit.

May 1, 1935.


Attorney(s) appearing for the Case

W. Paul Stratton, of Sullivan, Ind., for appellant.

C. Severin Buschmann, of Indianapolis, Ind., for appellee.

Before FITZHENRY, ALSCHULER, and ANDERSON, Circuit Judges.


ALSCHULER, Circuit Judge.

The receiver appeals from an order of the District Court allowing appellee a preferred claim against the assets of the Peoples National Bank & Trust Company of Sullivan, Ind., which, until the closing of its doors on June 27, 1932, was doing a general banking business under the National Bank Act.

The court made findings of fact to the effect that on May 27, 1932, the Peoples Bank gave appellee, a broker with principal office at...

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