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ISAACS v. NEECE

No. 7439.

75 F.2d 566 (1935)

ISAACS v. NEECE et al.

Circuit Court of Appeals, Fifth Circuit.

February 14, 1935.

Attorney(s) appearing for the Case

E. H. Ratcliff, B. L. Agerton, and A. W. Christian, all of Fort Worth, Tex., for appellant.

G. Drummond Hunt, of Dallas, Tex., for appellees.

Before FOSTER, SIBLEY, and HUTCHESON, Circuit Judges.

HUTCHESON, Circuit Judge.

The suit, brought under section 70e of the Bankruptcy Act section 110 (e), 11 US CA, against preferred stockholders of the bankrupt, was in equity to cancel and set aside as fraudulent, and to recover back, payments the bankrupt had made to them in redemption of their stock.

The bill, filed March 7, and amended June 21, 1932, alleged the adjudication March 14, 1930, the purchase from defendants, the contract for redemption

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