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IN RE BROWN

No. 159.

87 F.2d 306 (1937)

In re BROWN.

Circuit Court of Appeals, Second Circuit.

January 4, 1937.

Attorney(s) appearing for the Case

McGowan & Stolz, of Syracuse, N. Y. (Maurice A. Phelps, of Syracuse, N. Y., of counsel), for alleged bankrupt.

Hancock, Dorr, Kingsley & Shove, of Syracuse, N. Y. (Stewart F. Hancock, of Syracuse, N. Y., of counsel), for creditors seeking to intervene-appellants.

Keith F. Driscoll, of Syracuse, N. Y., for appellee Geo. M. Haight, receiver of Salt Springs Nat. Bank, Syracuse, N. Y.

Costello, Cooney & Fearon, of Syracuse, N. Y. (Keith F. Driscoll, Henry R. Follett, and Laurence Sovik, all of Syracuse, N. Y., of counsel), for Keith F. Driscoll.

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

MANTON, Circuit Judge.

The alleged bankrupt, in 1929 received a large inheritance from his father. He conveyed much of it to a corporation he organized and then became financially involved. October 31, 1931, a "friendly" equity receivership was begun which resulted in the appointment of receivers for Brown and his corporation. The receivers made an exhaustive examination of their accounts and conducted the affairs of both. The receivership continued until April 12...

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