IN RE UNITED FINANCE CORPORATION

Nos. 6809, 6810.

104 F.2d 593 (1939)

In re UNITED FINANCE CORPORATION. In re MONEY CORPORATION.

Circuit Court of Appeals, Seventh Circuit.

Rehearing Denied June 10, 1939.


Attorney(s) appearing for the Case

William E. Kaiser and Livingston E. Osborne, both of Chicago, Ill., for appellants.

David K. Tone and Alvin Glen Hubbard, both of Chicago, Ill., for appellees.

Before EVANS, SPARKS, and KERNER, Circuit Judges.


KERNER, Circuit Judge.

In this case the Money Corporation and the United Finance Corporation are appealing from an order of the district court, finding the corporate appellants insolvent and adjudicating them bankrupt. 30 Stat. 545, 44 Stat. 662, 11 U.S.C.A. § 11. The involuntary petitions in bankruptcy alleged that inter alia the corporate appellants, while insolvent, consented to state receiverships and made preferential transfers. The special master, to whom...

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