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IN RE LANG BODY CO.

No. 7613.

92 F.2d 338 (1937)

In re LANG BODY CO. BOYLE, County Treasurer, v. HIPP.

Circuit Court of Appeals, Sixth Circuit.

October 11, 1937.

Attorney(s) appearing for the Case

Neil W. McGill and Abraham M. Braun, both of Cleveland, Ohio (Frank T. Cullitan, of Cleveland, Ohio, on the brief), for appellant.

Merritt A. Vickery, of Cleveland, Ohio (Douglas C. Macdonald, of Cleveland, Ohio, on the brief), for appellee.

Before HICKS and ALLEN, Circuit Judges, and MARTIN, District Judge.

HICKS, Circuit Judge.

The assets of the bankrupt, the Lang Body Company, consisted of 5 acres of land upon which were its factory buildings and a railroad switch. The land and buildings were appraised in the bankruptcy proceedings on January 8, 1936, at $255,403. The bankrupt also had $10,497 in cash and other assets worth about $1,374.14. Its liabilities consisted of one obligation of approximately $40,000 and the real estate taxes due appellant Boyle, treasurer...

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