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PEOPLE OF NEW YORK v. UNITED STATES

No. 7017.

106 F.2d 210 (1939)

PEOPLE OF NEW YORK v. UNITED STATES.

Circuit Court of Appeals, Third Circuit.

August 7, 1939.

Attorney(s) appearing for the Case

John J. Bennett, Jr., Atty. Gen. of the state of New York (Robert P. Beyer and George F. Mullay, Assts. Atty. Gen. of New York City, of counsel), for appellant.

James W. Morris, Asst. Atty. Gen., Sewall Key, Norman D. Keller, and Lester L. Gibson, Sp. Assts. Atty. Gen., of Washington, D. C., and John J. Morris, Jr., U. S. Atty., of Wilmington, Del., for appellee.

Before MARIS, CLARK, and BIDDLE, Circuit Judges.

MARIS, Circuit Judge.

Equity proceedings were instituted in the District Court for the District of Delaware against S. W. Straus Investing Corporation, a Delaware corporation, hereinafter referred to as Straus, on March 3, 1933, and receivers were appointed the same day by that court. On September 28, 1933 the receivers reported that reorganization was impossible and proceeded to liquidate the assets, which were located chiefly in the State of New York. The proceeds...

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